PICC P&C – Heavy Headwinds
* Regulatory Challenges: Auto pricing reform is negative for P&C segment loss ratios given the higher premium discounts; and mainland Chinese...
231 Views
ICICI Lombard - Likely Reduction in Third-Party Premiums Plays Spoilsport
We believe the regulator's proposal to reduce third-party motor insurance premiums for cars below 1000cc by 10% will be an overhang for ICICI...
500 Views
PICC P&C – Another Incremental Negative For Auto
* CIRC Continues to Tighten Screws: The China Insurance Regulatory Commission (CIRC) began implementing the third phase of pricing reform (since...
230 Views
China Banks – Can You Say Capital Forbearance?
* Questionable Reduction in Reserve Coverage: Just as the wheels are about to fall off the bus, the China Bank Regulatory Commission (CBRC) - in...
236 Views
China Financials – The Accident About to Happen
* Risk Increasing Within Tier 2 Banks: Â The 2nd tier banks is looking increasingly vulnerable. Tighter asset management regulations are being...
227 Views