Mainland insurance regulator bearish on industry

Earnings at mainland insurers are expected to bottom out this year after a sharp fall in premium income growth last year, analysts said.

However, regulators have warned of a tough year ahead for the insurance industry.

"This year may be the most difficult year for the insurance industry," the China Insurance Regulatory Commission said in a statement on Thursday after an annual work conference.

via Business feed http://www.scmp.com/business/china-business/article/1136273/mainland-insurance-regulator-bearish-industry