Fitch: China life insurance premium income growth limited

Mainland life insurers' premium income growth would continue to be limited as a result of lower returns to policyholders due to weak stock markets and rising competition from banks, Fitch Ratings said yesterday.

The global credit rating agency forecast single-digit growth for next year.

via Business feed http://www.scmp.com/business/china-business/article/1102551/fitch-china-life-insurance-premium-income-growth-limited