China Construction Bank LOC exposure grew significantly last year: AM Best
  • X
  • LinkedIn
  • Show more sharing options
  • X
  • LinkedIn
  • Print
  • Free trial
  • Log in

China Construction Bank LOC exposure grew significantly last year: AM Best

Shelby Rosenberg
August 17, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • X
  • LinkedIn
  • Print
China Construction Bank signage, London, UK

Exposure to China Construction Bank Corp (CCB) letters of credit (LOCs) increased significantly in 2022, with US insurance industry exposure to CCB totaling nearly $1.3bn and having grown by $1.2bn last year alone, according to an AM Best report.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Vesttoo
shelby rosenberg/shelby rosenberg ii us.png
Shelby Rosenberg
Reporter
Contact
Gift this article