China Taiping's profits fall in Macau

Profits at Chinese insurance conglomerate China Taiping in gambling mecca Macau declined year on year in 2013.

Although premium income climbed 11% to MOP500m ($62.6m), profits fell from MOP63.7m ($8m) in 2012 to MOP45.9m ($5.75m) last year.

China Taiping accounts for 27% of the general insurance premiums in

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