China: Taishan P&C's capital position strengthened
Germany's ERGO Group, owned by reinsurance giant Munich Re, has injected CNY882m ($122m) in capital into Taishan Property & Casualty Insurance, raising the insurer's comprehensive solvency ratio to 312% and 282% by end-2022 and end-2Q23, respectively, from 200% in March 2022, notes Fitch Ratings.
Speed Groupa Stable Administration Commission Fitch Prism Model Extremely Strong Insurer Financial Strength Shandong Hi Speed Group
Source: asiainsurancereview.com