Insurers Ping An, China Life vow to further develop online sales after coronavirus pandemic eats into first-half earnings

//Insurers Ping An, China Life vow to further develop online sales after coronavirus pandemic eats into first-half earnings

Insurers Ping An, China Life vow to further develop online sales after coronavirus pandemic eats into first-half earnings

Ping An Insurance (Group) and China Life Insurance, two of the mainland’s largest insurers, have vowed to step up the development of online sales after their first half earnings were hit by the coronavirus pandemic.Their results were marred by social distancing measures that made it difficult for millions of their agents to meet clients and sell policies, while returns on investments were hit hard by market uncertainties. Moreover, both companies benefited from a tax rule change last year, a…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2020-08-27T12:15:21+00:00 August 27th, 2020|Business|Comments Off on Insurers Ping An, China Life vow to further develop online sales after coronavirus pandemic eats into first-half earnings