China Insurance_ Revisiting market volatility during trade tensions; sector's beta appears to be higher compared to 2018. Wed Feb 05 2025

China Insurance Revisiting market volatility during trade tensions; sector's beta appears to be higher compared to 2018 China's insurers allocate a significant portion of their AUM to A-share equities (9-18% of AUM), which is equivalent to a substantial portion of their book value (1.1x on average). As such, the sector's stock beta remains above 1 (Table 1), making China equity market volatility critical to their stock performance. In addition, the regulatory environment has been updated, with a notable 30% ...