Insurance Post

Sichuan earthquake to have low impact on insurance market, says Fitch

earthquake

The 6.6 magnitude earthquake that rocked Sichuan province at the beginning of the week will have a small impact on the Chinese insurance market according to analysts Fitch.

Judging by initial claims figures from insurers such as Ping An and PICC, Fitch believes the impact on the margins of these insurers and premiums in the wider market will be low. These two insurers

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