Fend­ing off Risks

Beijing Review - - THIS WEEK -

China’s in­surance sec­tor has shown a stronger ca­pac­ity to fend off risks as its over­all lever­age has grad­u­ally dropped and its busi­ness struc­ture im­proved, the in­surance reg­u­la­tor said.

The China Bank­ing and In­surance Reg­u­la­tory Com­mis­sion (CBIRC) said the gen­eral and core sol­vency ra­tios of 178 in­surance com­pa­nies stood at 245 per­cent and 234 per­cent, re­spec­tively, at the end of the sec­ond quar­ter of 2018.

Both ra­tios were well above the safe level, the CBIRC said.

The reg­u­la­tor said the sec­tor’s

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