News Regulations14 Jun 2018

China:Insurers show stable solvency position in aggregate

14 Jun 2018

The solvency ratio of China's insurance sector remained stable in the first quarter of the year, with risks generally under control, the China Banking and Insurance Regulatory Commission has said.

The average solvency ratio of 173 insurance companies stood at 248% at the end of 1Q2018, and that of core assets at 237%, reports the Xinhua news agency citing the Commision.

The risks facing the insurance sector are generally controllable, but the situation remains complicated, the Commission said in a statement.

Companies with high risk of liquidity will be instructed to improve their risk controls.

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