Mainland life insurance premium income growth is expected to slow to below 20% from over 30%, as insurers start behaving like listed companies and focus on profit instead of aggressively widening their premium base and market share, according to a report in the South China Morning Post. Regulators are also expected to help move insurers in a more businesslike direction with tighter rules on solvency and capital requirements. Insurer income is also expected to be dented by competition from mutual funds.
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