The company's core solvency rate stood at 169.05 percent in the first half.

上半年，该公司的核心偿付能力为169.05%。

In 2021, the aggregated solvency adequacy ratios for all insurance entities of the Group stayed above 200 percent, and the Group was awarded a Long-term Insurer Financial Strength Rating of "A" by S&P Global Ratings for the fifth consecutive year and maintained its Financial Strength Rating of "A(Excellent)" by A. M. Best for the 12th year running.

2021年，集团所有保险实体的总偿付能力充足率保持在200%以上，集团连续第五年被标普全球评级授予“a”的长期保险公司财务实力评级，并连续第12年保持a.M.Best的“a（优秀）”财务实力评级。

The overall solvency of central SOEs remained stable.

中央国有企业偿债能力总体保持稳定。

In 2020, the comprehensive solvency adequacy ratios for all insurance entities of the group remained above 200 percent.

The comprehensive solvency adequacy ratios for all insurance entities of the group remained above 200 percent.

First, prudential supervision, where the C-ROSS solvency framework in China will help detect risk and change insurers' behavior.

The CISF’s capital injection was an interim risk prevention measure that aims to improve Anbang’s corporate governance and replenish its solvency capability, the regulator said.

On Feb 23, Wu was removed as the group's head when the country's insurance regulator took control of the private insurer to protect its solvency and consumer rights.

The CIRC, the country's top insurance regulator, said in a statement that Anbang's business operation has violated regulations and laws, which could "seriously endanger" its solvency abilities and therefore the regulator has decided to take over the insurer for one year to ensure its normal business operation and to safeguard the interest of insurance customers.

"Illegal business practices by Anbang Insurance Group may seriously threaten the solvency of the company," said the CIRC in the statement.

China's insurance law stipulates that an insurance firm can be taken over by regulators if it is insolvent, or illegal activities hurt the public interests and threaten its solvency.

According to Jiang Nan, president of Huahai Property, the insurer's solvency ratio was 212.5 percent and its total assets reached 2.44 billion yuan by the end of 2017.

Its solvency margin ratio, a measure of insurance companies' capability to repay the debts, increased from 161 percent in 2015 to 175 percent last year.

Over the past three years, the CBIRC promoted commercial banks to strictly classify assets to accurately reflect their asset quality and guided insurance companies in improving their solvency risk management organizational structure, management systems and assessment mechanisms.

The national balance sheet shows that liquidity, rather than solvency, is the biggest challenge facing local government debts.

Xu Mingqi, a researcher at the Shanghai Academy of Social Sciences, said that the Chinese financial market this year — one growing in global importance — will show higher volatility due to some economies' solvency difficulties after rounds of interest rate hikes.

However, due to sanctions, principal and interest payments may still be subject to "human-factor default risks", which is different from those due to declines in solvency or unwillingness to pay.

In particular, Australia has seen a significant drop in its scores of solvency and relations with China.

The report specifies 114 sample countries' overall rankings with analysis on their economic foundation, solvency, social resilience, political risk, relations with China.

Data also showed the overall solvency of central SOEs remained stable in the first quarter.

The solvency of the companies was improved with a better debt structure, Peng said.

China's insurance sector had maintained adequate solvency by the end of the second quarter of this year, official data showed.

The average comprehensive solvency ratio of the 186 insurers reviewed at a regulatory meeting stood at 188 percent by the end of the second quarter this year, according to the National Administration of Financial Regulation (NAFR).

Their average core solvency ratio hit 122.7 percent, the NAFR added.

Specifically, the average comprehensive solvency ratio of property insurance companies, life insurance companies, and reinsurance companies stood at 224.6 percent, 178.7 percent, and 275.2 percent, respectively.

The solvency ratio is a key metric to measure an insurer's ability to meet its debt and other obligations.

This could go a long way toward preventing financial risks as fluctuations of property prices would undermine sales and therefore solvency of property firms, and even cause individuals to stop repaying mortgages.

The comprehensive solvency ratio of the 178 insurers reviewed by a regulatory meeting stood at 245.3 percent by the end of Q1 2019, up 3.3 percentage points compared with Q4 2018, according to the China Banking and Insurance Regulatory Commission (CBIRC).

Their core solvency ratio reached 233.4 percent, up 2.8 percentage points compared with the previous quarter.

The CBIRC said it would enhance solvency regulation and risk control to promote high-quality growth of the sector.

Ever since the top leadership emphasized in July that continued efforts should be made to boost market confidence and invigorate the capital market, a number of supportive measures have been taken, including further regulating major shareholders' reduction in holdings and lowering the solvency requirements for insurance products with long debt duration, said Meng Lei, China equity strategist at UBS Securities.

Composed of 33 items, the circular stipulated certain requirements on insurance companies to operate the business, including that on their solvency adequacy ratio and liability reserve coverage ratio.

Furthermore, the regulator also assigned a risk weighting of 0.40 to insurers' equity investments in unlisted companies operating in strategic and emerging industries, while optimizing the standards for the solvency of insurance companies, through measures like cutting minimum capital requirements when calculating solvency ratios.

Zhu of Moody's said most insurers, except for a few large ones, will benefit from a 5 percent to 10 percent reduction in the minimum solvency capital calculation, the denominator of the solvency ratios, thanks to the new policy.

In this context, Argentina's currency swap agreement with China has provided it with lower-cost renminbi financing that helped the country fulfill its payment obligations to the IMF, preventing liquidity stress from evolving into a solvency crisis, Yue added.

In this context, Argentina's currency swap agreement with China has provided it with low-cost renminbi financing that helped the country fulfill its payment obligations to the IMF, preventing liquidity stress from evolving into a solvency crisis, Yue said.

The trading system and related rules, such as registration management regulations for international reinsurance inflow business, clearing and settlement methods for on-site cross-border transaction facilitation, and operational guidelines for solvency reinsurance credit risk, will all be finalized, Zhang said.

- China's insurance sector maintained steady operation and adequate solvency in the first quarter of the year, the country's financial regulator said.

The average comprehensive solvency ratio of the 185 insurers reviewed at a regulatory meeting was 190.3 percent by the end of March, and their average core solvency ratio was 125.7 percent, said the National Financial Regulatory Administration.

The sector saw better-than-expected development, and its solvency ratio remained within an appropriate range in the first quarter, said the administration.

Specifically, the average comprehensive solvency ratios of property insurance companies, life insurance companies, and reinsurance companies stood at 227.1 percent, 180.9 percent, and 277.7 percent, respectively.

The solvency ratio is a key metric of an insurer's ability to meet its debt and other obligations.

NAFR underlines healthy solvency adequacy ratio, prevention of riskSupervision over the insurance industry, especially over insurers' solvency, should be further strengthened to firmly safeguard the bottom line of preventing systemic financial risks, said the newly unveiled National Administration of Financial Regulation.

By the end of the first quarter, the average comprehensive solvency adequacy ratio of the reviewed 185 insurance companies was 190.3 percent, with the average core solvency adequacy ratio reaching 125.7 percent, said the NAFR.

The minimum solvency adequacy ratio for insurance companies is set at 100 percent in China.

At the end of 2022, the average comprehensive solvency adequacy ratio of Chinese insurance companies was 196 percent.

The decline in insurers' solvency adequacy ratio has narrowed significantly and remains within a reasonable range, the NAFR said at its meeting.

The average comprehensive solvency adequacy ratios of property insurance companies, life insurance companies and reinsurance companies were 227.1 percent, 180.9 percent and 277.7 percent, respectively, by the end of the first quarter.

According to Fitch Ratings, smaller and weaker life and non-life insurers in China are likely to seek additional capital this year to support their solvency positions after organic growth in capital weakened in 2022 due to the global market volatility.

Fang Guobing, a researcher at the Shanghai National Accounting Institute, said the declining assumed interest rate helps enhance insurance companies' solvency in light of the current macroeconomic situation and the market interest rates.

The current situation of some banks in the United States and Europe is very different from the last financial crisis, which was really about solvency, while this time, it is much more around liquidity and quality of deposits, said Bill Winters, group chief executive of Standard Chartered PLC.

In many ways, a liquidity problem like this is much easier for central banks to deal with than a capital or solvency problem.

China's insurance sector maintained steady operation and adequate solvency in the last quarter of 2022, the country's banking and insurance regulator said.

The average comprehensive solvency ratio of the 181 insurers reviewed at a regulatory meeting was 196 percent by the end of last year, and their average core solvency ratio was 128.4 percent, said the China Banking and Insurance Regulatory Commission.

The sector's solvency ratio has remained within an appropriate range, and the risks are generally controllable, the commission added.

Specifically, the average comprehensive solvency ratios of property insurance companies, life insurance companies and reinsurance companies stood at 237.7 percent, 185.8 percent and 300.1 percent, respectively.

Wang Guojun, a professor at the School of Insurance and Economics at the University of International Business and Economics, said: "The CBIRC assesses each insurer's solvency and risks every year.

The circular also stressed the importance of stepping up internal control and comprehensive risk management in banking and insurance institutions, urging banks to deal with non-performing loans to manufacturing companies better and insurance firms to improve solvency risk management.

BEIJING-- China's insurance sector maintained steady operation and reported adequate solvency in the first quarter of this year, the country's banking and insurance regulator said.

The average comprehensive solvency ratio of the 180 insurers reviewed by a regulatory meeting was 224.2 percent by the end of March, and their average core solvency ratio was 150 percent, said the China Banking and Insurance Regulatory Commission.

The sector's solvency ratio has remained within an appropriate range, and the risks are generally controllable, the commission said.

Specifically, the average comprehensive solvency ratio of property insurance companies, life insurance companies and reinsurance companies stood at 236.3 percent, 219.3 percent and 298.5 percent, respectively.

The solvency of insurance companies is also sound.

China's insurance sector maintained steady operation last year, with the solvency adequacy ratio remaining in an appropriate range, said the country's banking and insurance regulator.

The average comprehensive solvency ratio of the 179 insurers reviewed at a regulatory meeting stood at 232.1 percent by the end of 2021, according to the China Banking and Insurance Regulatory Commission.

Their average core solvency ratio hit 219.7 percent, said the commission.

Specifically, the average comprehensive solvency ratio of property insurance companies, life insurance companies, and reinsurance companies stood at 283.7 percent, 222.5 percent, and 311.2 percent, respectively.

Third, policy actions, technological changes and changes in consumer and investor behavior, like carbon pricing, higher energy efficiency standards, tighter environmental laws and public awareness of green consumption, will increase the operating costs of high-emission enterprises in these sectors and reduce their profitability and solvency, which may increase credit risk for financial lenders.

- China's insurance sector maintained steady operation last year, with the solvency adequacy ratio remaining in an appropriate range, said the country's banking and insurance regulator.

The average comprehensive solvency ratio of the 178 insurers reviewed at a regulatory meeting stood at 246.3 percent by the end of 2020, according to the China Banking and Insurance Regulatory Commission.

Their average core solvency ratio hit 234.3 percent, said the CBIRC.

Specifically, the average comprehensive solvency ratio of life insurance companies, property insurance companies and reinsurance companies stood at 239.6 percent, 277.9 percent and 319.3 percent, respectively.

By the end of September, average comprehensive solvency adequacy ratio of 178 insurance companies reached 242.5 percent, with average core solvency adequacy ratio reaching 230.5 percent.

With the global economy sliding into recession against the backdrop of continued spread of COVID-19, the liquidity difficulties of many poor countries may evolve into a solvency crisis, experts said.

China will continue to support the Group of 20's debt treatment framework for low-income countries, helping them ease potential solvency risks and promote post-pandemic economic recovery, Finance Minister Liu Kun said in a recent statement.

The October edition of the IMF Global Financial Stability Report concluded: "As economies reopen, accommodative monetary and financial conditions, credit availability, and targeted solvency support will be essential to sustaining the recovery.

China has been stepping up efforts in recent years to contain financial risks, cracking down on high-risk shadow-banking activities and taking over financial firms with illegal practices that threatened their solvency.

In the period, the comprehensive solvency adequacy ratio of the company stood at 325 percent, while the core solvency adequacy ratio logged 271 percent, both running at high yet safe levels, the PICC said.

For example, for an insurer whose comprehensive solvency adequacy ratio was above 350 percent at the end of the previous quarter, the outstanding balance of its investments in equity assets should not go beyond 45 percent of its total assets at the end of the previous quarter.

For an insurer whose comprehensive solvency adequacy ratio was lower than 100 percent at the end of the previous quarter, however, the outstanding balance of its investments in equity assets should not surpass 10 percent of its total assets at the end of the previous quarter, and the insurer should immediately stop making new investments in equity assets.

Data from the CBIRC shows that the average comprehensive solvency adequacy ratio of insurers included in the deliberation of a regulatory meeting was 244.6 percent at the end of the first quarter.

By supporting those insurers with an adequate level of solvency capacity, good financial conditions and strong risk tolerance to moderately increase the proportion of their equity asset allocation, we will give full play to the advantages of insurers to provide long-term, stable funds to the real economy and capital markets," said a regulatory official in a post on the CBIRC's website on Friday.

"The revisions to regulations will help insurers improve their comprehensive solvency adequacy ratios, risk conditions, and asset and liability management capacity.

Those insurers that have higher solvency adequacy ratios will be allowed to moderately increase the proportion of their investments in equity assets-to-total assets, thus breaking out of the limitation that says the book balance of an insurer's total investment in equity assets should be no more than 30 percent of total assets at the end of the previous quarter, Zhou said at a news conference on March 22.

It is primarily about solvency -- at a time when large segments of the global economy have come to a complete stop.

"All countries have to prevent liquidity shocks from turning into large-scale long-term solvency crises.

This led to a mismatch between its assets and debts, causing insufficient solvency, he said.

Yet, Zhou said investors should remain rational toward this type of new bonds, as issuers' solvency will not get a major boost because of policy support.

Financial institutions are building up risk resistance, with commercial banks' provision coverage ratio, a measure of funds set aside to cover bad loans, at 187.63 percent by the end of the third quarter and the solvency adequacy ratio of China's insurance firms remaining within the reasonable range by late last year.

China's insurance sector has reported stable operation since the beginning of this year, with the solvency ratio within a reasonable range, the country's banking regulator said Monday.

The solvency adequacy ratio, an indicator of a firm's long-run financial health, of 178 insurance companies were reviewed at a work conference of the solvency supervision committee held by the commission.

At the end of the third quarter, the comprehensive solvency adequacy ratio of these companies stood at 246.5 percent, down 0.5 percentage points from the previous quarter.

During the period, their core solvency adequacy ratio rose 0.4 percentage points to 235.2 percent, according to the commission.

The commission said it will continue to deepen the financial supply-side structural reform, promote the solvency supervision and risk prevention and control, and make efforts to prevent and defuse financial risks.

He also noted that the government is closely regulating the companies to ensure their solvency.

China's insurance sector posted stable performance in the second quarter (Q2) of this year with enhanced solvency, according to the industry's regulator.

The comprehensive solvency ratio of the 178 insurers reviewed by a regulatory meeting stood at 247 percent by the end of Q2, up 1.7 percentage points compared with Q1, according to the China Banking and Insurance Regulatory Commission (CBIRC).

Their core solvency ratio reached 234.8 percent, up 1.4 percentage points compared with the previous quarter.

In February 2018, the then China Insurance Regulatory Commission took control of Anbang Insurance Group as the company was alleged to have violated a number of provisions, which had the potential to threaten its solvency.

"The total amount of hidden debt waiting to be swapped has not yet been calculated, as this round of debt swaps will not involve the government's administrative orders, but depends on the market's appetite based on the evaluation of the potential default risks and the companies' solvency," he said.