Analysts expect higher product diversity next year amid fierce competition, with larger insurers such as Ping An and China Life having the upper hand. Photo: AFP Analysts expect higher product diversity next year amid fierce competition, with larger insurers such as Ping An and China Life having the upper hand. Photo: AFP
Analysts expect higher product diversity next year amid fierce competition, with larger insurers such as Ping An and China Life having the upper hand. Photo: AFP

Chinese insurers to get income boost from reform

Lifting of life insurance rate cap and more product diversity will encourage stable and decent growth, analysts say

Analysts expect higher product diversity next year amid fierce competition, with larger insurers such as Ping An and China Life having the upper hand. Photo: AFP Analysts expect higher product diversity next year amid fierce competition, with larger insurers such as Ping An and China Life having the upper hand. Photo: AFP
Analysts expect higher product diversity next year amid fierce competition, with larger insurers such as Ping An and China Life having the upper hand. Photo: AFP
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