News China18 Sep 2020

Motor pricing reform pressures P&C insurers' profit -- Moody's

| 18 Sep 2020

Premium growth is expected to drop to mid- to high-single-digit percentages in the next 12-18 months from 10.7% in 2019, as motor premium growth weakens because of low vehicle sales and a nationwide motor pricing reform, Moody's Investors Service says.

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