Moody's changes outlook on 10 insurers

Published on December 8, 2023
Moody's Investors Service yesterday changed to 'Negative" from 'Stable' the outlooks on nine Chinese insurers and a related overseas subsidiary, following Moody's affirmation of the Government of
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Regulatory moves will boost insurers' capitalisation and quality growth in 2024

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Revamped regulations will support Chinese insurers' quality growth and better underlying credit fundamentals in 2024, leading to a neutral sector outlook for both the life and non-life segments,

Growth of life insurance business continues to slow in October 2023

December 8, 2023
The mainland Chinese insurance industry grew by 10.1% in the first 10 months of this year to a cumulative CNY4.52tn ($638bn), according to data released by the National Administration of Financial