HONG KONG--(BUSINESS WIRE)--Direct premium in China’s non-life sector annually grew by 23% on average during 2009-2012, according to a new report from A.M. Best Co. Amid rapid premium growth, non-life insurers faced solvency pressure relative to capital and surplus levels, as evidenced by the peak amount of new capital and subordinated debt issued by non-life insurers in 2011 and 2012. This report analyzes the factors that impact the solvency level of major non-life insurers as grouped by average capital adequacy levels over the past three years, and assesses whether each sector can sustain these levels under current growth rates and operating profitability.

To download a complimentary copy of this report in English, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=211893. For the Simplified Chinese version, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=211900.

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