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In Depth: Higher Profits, Returns Mask Solvency Problems in China’s Insurance Sector

By Wu Yujian
2025年03月07日 15:42
Although total returns for insurance companies rose last year, many are struggling to meet regulatory requirements and need to raise billions of yuan to improve their financial health

China’s insurance companies had a bumper year in 2024. Profits jumped as investment returns benefited from the fourth-quarter stock market revival and from a change in accounting rules, which meant last year’s surge in bond prices could be treated as gains in their earnings reports.

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