May 23, 2022 02:17 AM (GMT+8) · EqualOcean
Recently, insurance companies batch corrected or updated the solvency report of the first quarter. According to the reporter's statistics, as of May 22, 16 insurance enterprises have updated or corrected the solvency report on the official website of China Insurance Industry Association. At the same time, under the new rules of the second generation phase II project, the solvency adequacy ratio of insurance enterprises generally decreased, and six companies applied for the transitional period policy of the second generation phase II project. Insiders said that under the second generation phase II project, insurance enterprises have a stronger demand for capital. On the one hand, it is expected that the scale of exogenous capital supplement will be at a high level. On the other hand, insurance enterprises must strengthen endogenous capital supplement to ensure sufficient solvency.

This text is a result of machine translation.