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Hard-hit Chinese life insurers cautious on asset allocation

Three significant challenges — a new regulatory environment, decreased sales performance, and an investment market downturn — will continue to weigh on Chinese life insurance companies in 2023. On asset allocation, caution is key.
Hard-hit Chinese life insurers cautious on asset allocation

Chinese life insurance companies are expected to play defence on their asset allocation in 2023, with new regulations and poor business performance continuing to weigh on their balance sheets.

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