Authorities lengthen assessment horizon for insurers to focus on long term equity investments

Published on November 3, 2023
China has revised its method of assessing the performance of state-owned commercial insurance companies, with the focus on the long term, according to a circular of the Ministry of Finance released
Continue reading on website
Other news

5 biggest listed insurers report huge profit plunge in July-Sep quarter

November 3, 2023
China's five biggest listed insurance companies posted net profits attributable to shareholders of the parent company of more than CNY156.9bn ($21.5bn) in the first three quarters of this year,

Ping An's 3Q performance deemed resilient, real estate arm may need rescue by group

November 3, 2023
Ping An Insurance Group, China's biggest insurance group by capitalisation, remained resilient in 3Q2023, amid the economic challenges in China, achieving an annualised operating ROE of 16.7% with an