Only Half of Chinese Insurers Made Money Abroad Last Year
newscatcher
2023-06-15 20:30
Only Half of Chinese Insurers Made Money Abroad Last Year
Chinese insurance companies' overseas investments remained flat in 2022, and only half of them made profits on the investments, a recent survey showed. Foreign investments in 2022 by Chinese insurers totaled $83.2 billion, about the same as in 2021. The funds were invested mostly in Hong Kong and the U.S., according to the survey of 52 Chinese insurance companies.

https://www.caixinglobal.com/2023-06-16/only-half-of-chinese-insurers-made-money-abroad-last-year-102066356.html

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