AsianInvesterAsianInvester
Advertisement

Chinese insurer returns to slide on coronavirus impact

A mixture of low bond yields, interest rate cuts and insurers avoiding risky assets will lower returns, though A-share volatility will have a limited impact, say credit analysts.
Chinese insurer returns to slide on coronavirus impact
Chinese insurers will likely report lower investment yield and earnings this year as Beijing battles the Wuhan coronavirus epidemic, but they should weather the volatile markets courtesy of regulators’ earlier efforts to lift industry risk standards, say rating analysts. The country’s policymakers are expected to try to mitigate the economic damage done by the coronavirus outbreak by offering more fiscal spending and interest rate cuts. Such rate drops would likely cause insurers …
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.
Advertisement