Authorities act to curb interest-rate spread risk in insurers

Published on June 23, 2023
The challenge of avoiding a negative interest-rate spread for insurers in China is huge.
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Life insurers expected to increase business while P&C insurers face underwriting pressure

June 23, 2023
S&P Global Ratings (S&P) says that it expects life insurers' margins to steady in 2023 and 2024. The insurers will likely continue to finetune controls, at the prompting of regulators. Measures will

Equities reverse gains as index dips by 0.19%

June 23, 2023
Following losses in Okomuoil and 30 stocks, the equities market reversed three sessions of gains to close on a downturn yesterday, causing the All-share index to decline by 0.19 per cent.