Chinese insurers saw their profits implode in the first six months of 2016.

中国保险企业2016年上半年利润出现大幅下滑。

Profits fell by 54 per cent year-on-year to Rmb105.6bn ($15.9bn) during the period, a drop of Rmb124.4bn, according to figures published by the China Insurance Regulatory Commission.

据中国保监会(Insurance Regulatory Commission)公布数字，上半年利润总额1055.86亿元人民币（合159亿美元），同比减少1241.99亿元人民币，下降54.05%。

Profit at property insurers fell 43.39 per cent year-on-year to Rmb33.7bn. For life insurance firms it dropped 65.6 per cent to Rmb54.2bn, while for reinsurers it fell 58.8 per cent to Rmb4.4bn.

产险公司利润同比下降43.49%，至336.57亿元人民币。寿险公司利润下降65.60%，至541.84亿元人民币，再保险公司利润下降58.79%，至30.68亿元人民币。

Only asset management firms saw profits rise, up 16.7 per cent year-on-year to Rmb3.7bn.

只有资产管理公司利润出现上升，同比增长16.64%，至37.17亿元人民币。

The regulator said that “faced with a complex and volatile market environment,” funds had realised gains of only Rmb294.5bn in the first half, a drop of 42.3 per cent.

中国保监会表示“面临复杂多变的市场环境”，上半年实现资金运用收益仅2944.82亿元人民币，下降42.32%。

Those falls came despite a rise in insurance premium income of 37.3 per cent year-on-year to Rmb1.88tn, while total assets reached Rmb14.27tn, up 15.4 per cent.

虽然出现上述下跌，但保费收入同比增长37.3%，至1.88万亿元人民币，保险业资产总量达到14.27万亿元人民币，增长了15.42%。

Staff numbers at insurance agencies also rose by 936,200 to a total of more than 5.6m people.

保险代理人员也增加了93.62万人，总人数逾560万人。