Mixed outlook for Chinese general insurance market, says Fitch
Fitch Ratings believes China's continued urbanisation and rising household wealth will sustain the growth dynamics of its general insurers, but says intense rivalry will further weaken the sector's underwriting margin in 2014.
In a new report, Fitch says the declining margin is unlikely to materially constrain insurers' capability to obtain capital infusion and that the sector outlook for Chinese general insurance remains
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