News Non-Life23 Mar 2021

China:Motor-dominant insurer's profits expected to be challenged in next 2 years

| 23 Mar 2021

Urtrust Insurance's profitability is expected to be challenged in the next two years by the expansion of non-motor business, and the ongoing comprehensive reform of motor insurance business, which will continue to put pressure on premium growth and the loss ratio, says Fitch Ratings.

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