News China11 Jun 2021

Lower solvency ratios expected under Phase Two of C-ROSS II

| 11 Jun 2021

Phase Two of the second generation of the China Risk Oriented Solvency System (C-ROSS II), which reportedly will be implemented with effect from 1 January 2022, is expected to meet the needs of the development of the Chinese insurance industry, improve risk control and ensure financial soundness.

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