News China07 Jun 2019

Underwriting performance of P&C insurers weakens in Jan-April period

| 07 Jun 2019

From January to April this year, China's property and casualty insurance companies showed an overall underwriting loss situation. Data show that the 88 non-life companies posted an underwriting loss of CNY92m and a comprehensive cost ratio of 100.03% for the first four months. In comparison, the insurers reported a combined underwriting profit for the first four months of 2018.

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