News - Hong Kong: China Insurance Rebounds from 2005's Losses
Source: Asia Insurance Review | May 2007
China Insurance International Holdings (CIIH) recorded a total of HK$510.77 million (US$65.3 million) in net profits last year, a stunning turnaround from the HK$433.76 million in losses it incurred in 2005. It attributed the reversal to strong growth in its reinsurance business and investment income.
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