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Thematic (Sector/Industry)

China Insurance / Thematic (Sector/Industry)

<ul><li>Chinese insurance companies’ overseas investments remained flat in 2022, and only half of them made profits on the investments, a recent survey showed.</li><li>Foreign investments in 2022 by Chinese insurers totaled $83.2 billion, about the same as in 2021. The funds were invested mostly in Hong Kong and the U.S., according to the survey of 52 Chinese insurance companies.</li><li>The average return on investments was 1.32%, with a median of 0.22%. Returns were lower than insurers’ returns of 3.76% on total investments at home and abroad. About 54% of the insurers made money on the investments, down 19 percentage points from 2021, the survey showed.</li></ul>

Chinese insurance companies’ overseas investments remained flat in 2022, and only half of them made profits on the investments, a recent survey showed.Foreign investments in 2022 by Chinese insurers totaled $83.2 billion, about the same as in 2021. The funds were invested mostly in Hong Kong and the U.S., according to the survey of 52 Chinese insurance companies.The average return on investments was 1.32%, with a median of 0.22%. Returns were lower than insurers’ returns of 3.76% on total investments at home and abroad. About 54% of the insurers made money on the investments, down 19 percentage points from 2021, the survey showed.

Only Half of Chinese Insurers Made Money Abroad Last Year