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According to the China Banking and Insurance Regulatory Commission, the average comprehensive solvency ratio of 181 insurers stood at 196% in the last quarter of 2022, remaining well within an appropriate range, Xinhua reported. Meanwhile, the average comprehensive solvency ratio of property insurers in the country was 237.7%.
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3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms