Chinese insurers maintain an adequate solvency level

According to the local supervisory authority (CBIRC), Chinese insurers have maintained an adequate solvency level in the first nine months of 2022.

As at 30 September 2022, the average overall solvency ratio of the 181 insurers examined by the CBIRC stood at 212%.

The average core solvency ratio was 139.7%. This ratio came to 238.9% for non-life insurance companies, 204% for life entities and 309.1% for reinsurers.