News Asia12 Dec 2014

China:Non-life insurers need new capital to fund business growth

12 Dec 2014

Non-life insurers in China will continue to require new capital as their expanding portfolios put further strain on their solvency ratios, according to Fitch Ratings in a new report titled "2015 Outlook: China Non-Life Insurance". Steady sales of motor vehicles, greater penetration of non-motor insurance lines and insurers' effort in expanding their product reach will continue to underpin the growth dynamics of the sector in 2015.

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