Caixin
May 15, 2024 09:45 AM
CX DAILY

CX Daily: China’s Weaker Insurers Skip Early Bond Redemptions Amid Growing Financial Stress

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Insurers /

In Depth: China’s weaker insurers skip early bond redemptions amid growing financial stress

Some of China’s weaker insurance companies are choosing not to proceed with the early redemption of bonds issued to bolster their balance sheets, highlighting the financial strains facing many smaller insurers as they struggle to meet capital adequacy requirements.

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