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Read More »China’s insurers don’t know their own risks
In most countries, insurers are among the most staid and conservative companies in financial markets. In China, they’re becoming some of the riskiest. On the surface, China’s insurers seem to be enjoying a golden age. Over the past two years, premium revenue has risen by 88 percent and total assets by 49 percent, while claims are up only 43 percent. ...
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