Outlook for Chinese P&C market stable - Moody's
The outlook for the Chinese property & casualty (P&C) insurance industry is stable, but challenges remain from growing price competition, declining capitalization and significant catastrophe risk amidst the weak economy, says a new report from Moody's Investors Service.
These challenges highlight the need for insurers to prudently manage their underwriting and investment strategies, it says.
"Moody's stable outlook on the Chinese P&C industry reflects our expectation
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