Doubt cast on PICC health unit's huge loss

PICC Health Insurance, controlled by Hong Kong-listed PICC Group and DKV, the largest private health insurance company in Europe, said last year's net losses amounted to 7.43 trillion yuan (HK$9.35 trillion), more than 200 times its 28.93 billion yuan in assets.

via Business feed http://www.scmp.com/business/china-business/article/1227869/doubt-cast-picc-health-units-huge-loss