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Chinese insurers' solvency ratio at 264 percent in first quarter

( July 22, 2015, 07:28 GMT | Official Statement) -- MLex Summary: Chinese insurers' solvency ratio, which gauges the industry's to settle claims, stood at 264 percent at the end of the first quarter, the country's insurance regulator said today. The ratio, calculated by dividing the insurers' assets by their liabilities, reflects the sufficiency of the sector's liquidity to absorb losses, the China Insurance Regulatory Commission said in a statement posted on its website. The regulator will continue to improve the industry's solvency adequacy under the latest version of its supervision framework known as the Risk-Oriented Solvency System, the statement said.  The statement follows:...

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