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BIZCHINA> Reports
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Taikang surpasses New China Life in Q1 premiums
By Song Hongmei (chinadaily.com.cn)
Updated: 2007-05-14 11:24
The China Insurance Regulatory Commission data showed Taikang's rival, New China Life, posted a premium income of 7.75 billion yuan in the first three months, up 1.53 percent, but far below the growth rate of China's life insurance premiums of 19 percent during the same period.
The quarterly results led to New China Life dropping out of fourth position in the country's life insurance market in terms of premium income. Taikang Life replaced it in fourth place, up one spot, while China Life, Ping An Insurance and China Pacific took the first three places.
... The full text is available in the May Issue ofChina Insurance. (For more biz stories, please visit Industries)
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