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Marein downgraded by Fitch after PSAK 117 reserve adjustments hit capital and earnings

The Indonesian reinsurer's risk-based capital ratio fell to 163% at end-2025 from 228% a year earlier, with Fitch also assigning a negative outlook following the ratings downgrade.
Marein downgraded by fitch after psak 117 reserve adjustments hit capital and earnings  rein asia

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