Insurance Authority says the five-insurer facility, which covers 10 mainland-owned vessels, draws on local market familiarity with Chinese shipping groups to deliver more tailored underwriting than London...
Most insurers anticipate similar allocation proportions for bank deposits, bonds, mutual funds, and other financial assets compared to 2025, with some planning to modestly increase equity investments.
The upgrade reflects the insurer's strong capitalisation, resilient operating performance, conservative reinsurance, and ownership ties to the Henan provincial government.
