China’s Ping An Reports Q1 Profit Drop of 42.7% on Coronavirus Business Disruption

Ping An Insurance (Group) Co of China Ltd, on Thursday reported a 42.7% drop in first-quarter profit, its biggest fall in quarterly profits in more than eight years, as the coronavirus outbreak disrupted its businesses. Ping An, the country’s largest …

from News – Insurance Journal https://ift.tt/3bIWtzC