China’s Ping An Insurance Reports 17.6% Drop in 2022 Profit

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Insurance Journal - Mar 15, 2023

Ping An Insurance Group Co. of China Ltd., China’s largest insurer by market value, reported a 17.6% drop in its 2022 annual net profit on Wednesday due to a slump in investment gains. Its profit of 83.8 billion yuan ($12.14 …...

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