Ping An 9M combined ratio hit by rise in cat losses
Ping An’s P&C combined ratio deteriorated by 1.6 percentage points to 99.3 percent for the first nine months of 2023, driven by a 1.1 percentage point impact from elevated natural disaster losses.
Ping An’s P&C combined ratio deteriorated by 1.6 percentage points to 99.3 percent for the first nine months of 2023, driven by a 1.1 percentage point impact from elevated natural disaster losses.