AIR+09 May 2024

China:Uncertain economic prospects impact insurer ratings

| 09 May 2024

Out of seven insurers in China, outlooks for six were rated 'negative', according to Fitch Ratings, while t the seventh remained 'stable'. A 'negative' outlook "reflects a potential decline in the willingness and ability of the government to support insurers with weaker standalone credit quality, during times of financial stress", Fitch said.

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