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Thursday, November 12, 2026

S&P lifts PICC Re outlook to positive on expected capital improvement

The parent's proposed CNY15bn (US$2.2bn) state injection, part of a broader CNY70bn package, underpins the change, though S&P affirmed the reinsurer's 'A-' ratings.
PICC Re outlook lifted to positive as parent’s capital position strengthens
September 9, 2026

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3 min read
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