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HomeInsuranceInsurance-TipsMedium-sized P&C insurer lowers financial leverage with strengthened capital base

Medium-sized P&C insurer lowers financial leverage with strengthened capital base

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Yingda Taihe Property Insurance Co saw its financial leverage ratio drop to 13.3% by 30 June 2023 from 14.6% at end-2022, because of a stronger capital base, notes Fitch Ratings. The global rating agency expects the ratio to remain stable in the near term.

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