China Taiping international P&C profits fall by a third
Profits at China Taiping's international P&C and
reinsurance operation fell by 30.3 percent to HK$445.3mn ($57.4mn)
in the six months to 30 June.
Underwriting profit at the international P&C and reinsurance
division fell 14 percent to HK$118.22. The UK operation saw the
greatest decline in underwriting profit, falling 42 percent to
HK$4.4mn.
Direct written premiums at the international arm grew 4 percent
to HK$1.7bn.
Profits from the Hong Kong-listed carrier's domestic P&C
operations
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