Chinese insurers' earnings will erode amid coronavirus outbreak – S&P

04-02-2020

Chinese insurers' earnings will erode amid coronavirus outbreak – S&P

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The outbreak of the novel coronavirus will likely weigh on Chinese insurers' earnings and revenues in 2020, according to S&P Global Ratings. It expects potential equity market volatility and persistent reinvestment challenges to strain domestic insurers' bottom lines as business activities slow down from reduced face-to-face engagements with customers.


S&P Global Ratings, Coronavirus, Insurance, Reinsurance, WenWen Chen, China

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