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July 6, 2013

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Premium income

TOTAL premium income of Shanghai's insurance sector fell in the first half of this year due to weaker market demand, tight liquidity and poor investment returns, the Shanghai branch of the Chinese Insurance Regulatory Commission said yesterday. Premium income was 45.76 billion yuan (US$7.456 billion) in the first half, 1.4 percent lower from a year earlier when a nearly 10 percent rise was recorded.



 

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