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The insurer brought in CNY 101.878 billion turnover and grew its total assets to CNY 152.852 billion last year, up 14.9 percent and 13.8 percent year on year respectively. Meanwhile, its earnings per share stood at CNY 0.004.
The Hong Kong traded company suffered a net compensation of CNY 60.604 billion due to the snow disaster and earthquake last year, leaping 29.10 percent from a year earlier, and combined loss ratio went up from 68.3 percent to 74.7 percent at the same time.
The insurance company saw realized and unrealized net investment income achieved last year plunge 92.82 percent compared to the prior year, which is one of the major drive that beat its profits to go down then.
Source: www.cnstock.com (April 16, 2009)
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