Quotes from the news wire:
The growing investment in risky, higher-return assets is the Titanic, and when it goes down it will take more than one lifeboat, the real problem for insurance companies is that the overall investment yields are coming down in China, so they are going out of the credit risk curve. They are going for higher interest rate bets, and a lot of them could go bad.
Found on Reuters 8 years ago
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