Am best affirms strength and credit ratings for petronass pure captive energas but downgrades outlook to negative rein asia

Emerging risks | Growth Opportunities | APAC Insurance

Friday, August 29, 2025
Am best affirms strength and credit ratings for petronass pure captive energas but downgrades outlook to negative rein asia
Am best affirms strength and credit ratings for petronass pure captive energas but downgrades outlook to negative rein asia

Emerging risks | Growth opportunities | APAC insurance

Friday, 29 August 2025
Linkedin
Newsletter
Free trial
Subscribe
Am best affirms strength and credit ratings for petronass pure captive energas but downgrades outlook to negative rein asia

Dedicated hubs

Life and Health
LifeandHealth_Menuwebp
Cyber
Cyber_Menuwebp
Marine
MarineMenuwebp
Energy
EnergyMenuwebp
Nat cat
NatCatMenu
Reinsurance
ReinsuranceMenu
Capital management
CapitalMenu
Regulation
RegulationMenuwebp

Browse content

AM Best affirms Strength and Credit Ratings for Petronas’s pure captive Energas, but downgrades Outlook to ‘Negative’

Energas has a strong balance sheet, but had a combined ratio of 106% in 2022 and is vulnerable to large losses from its energy-focused portfolio.
Am best affirms strength and credit ratings for petronass pure captive energas but downgrades outlook to negative rein asia

Editorial team

Stay ahead with precise, independent journalism of APAC's insurance markets.

Experience 7 days of full access to premium insights

Already a member?

Login here

Share this article

Read next

wi-insurers-tighten-trade-risk-scrutiny-amid-rising-trade-tensions
south-korean-insurers-net-profit-fell-by-15-in-1h25
taiwan-currency-surge-prompts-diverging-hedging-strategies-among-life-insurers
q1-2025-apac-motor-insurance-splits-between-rapid-growth-and-rising-strain
australias-property-insurance-lead-softening-premium-rates-in-1h25-marsh
south-koreas-financial-regulator-to-announce-measures-for-mg-life-report
asian-reinsurers-step-up-global-expansion-as-protection-gap-persists-am-best
indias-gi-premiums-inch-up-in-july-fire-and-pa-offset-declines
cambodias-insurance-sector-saw-442185-policies-in-h125
premium-growth-fuels-uptick-in-penetration-rate-for-philippine-insurance-market-in-q2
Am best affirms strength and credit ratings for petronass pure captive energas but downgrades outlook to negative rein asia

© Playfair Media 2024

17/F, 80 Gloucester Road, Wan Chai, Hong Kong