Stable outlook for China’s P&C insurance industry in 2020 – Moody’s

Moody’s is maintaining a stable outlook for China’s property and casualty (P&C) insurance industry in 2020, as a result of diversifying business growth, stable profitability and strong risk-based capitalisation. But it warned that rapid growth in non-motor lines and potential acceleration in motor pricing liberalisation pose key risks. “China’s P&C insurers continue to record strong growth in their non-motor lines,…

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