BIZCHINA> Reports

    


    

    
    		

    

    


    

    


    

    



    

    


 

    


    


 

    


    

    


 

    



    Pacific Insurance Q1 profits shrink 88%
    


    (chinadaily.com.cn)
    
 Updated: 2009-04-27 14:39
    



 

    

    

    

    


    


    


    


    


    


    


    Related publication:
    

    


    Pacific Insurance Q1 profits shrink 88%
    
    		

    
    

    
    		

    
    

    
    		

    
    

    

China Pacific Insurance Group Co, the country's third largest insurer, saw first quarter profits plummet 88.8 percent to 200 million yuan ($29.28 million), affected by a premium slowdown and a write-off of stock investment.
    


    Although investment profit reached 3.27 billion yuan in the quarter, the insurer made an asset impairment provision of 151 million yuan due to the shrinking value of previous equity investment...
    


    The full text is available in the April Issue of China Insurance. Please visit publications for more subscription details.
    


    

    (For more biz stories, please visit Industries)
    

    

    

 



 



    


    


 

    

    

    


    

    


 

    


    


 

    


    


 

    


    


    


 

    

    

    
    		

    

    








     
    


     
    



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