Insurance Post

Fosun's insurance assets make modest profits in first half

Shanghai

Chinese conglomerate Fosun's insurance revenues climbed 8,294% over the last year in the first six months of 2014.

Following a recent expensive acquisition spree in insurance, Fosun's net profit from its insurance business rose by a modest 19.9% to 114.5m yuan (£12m), as insurance revenue rose rapidly by 8 294% to

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