China's Economic Slowdown Restricts Catastrophe Insurance Options Amid Growing Risks

In recent times, China has faced an undeniable economic slowdown, which is casting a pall over the market for catastrophe insurance. With increasing challenges stemming from natural disasters, including earthquakes and floods, the demand for this type of insurance is surging; however, the supply and viability of such policies are waning as insurers grapple with mounting financial pressures.

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