Home rein asia
Newsletter
Free trial
Subscribe
Home rein asia

Emerging risks | Growth Opportunities | APAC Insurance

Home rein asia
Monday, April 27, 2026

Dedicated hubs

Life and Health
LifeandHealth_Menuwebp
Cyber
Cyber_Menuwebp
Marine
MarineMenuwebp
Specialty
SpecialtyMenu
Reinsurance
ReinsuranceMenu
Brokers
Brokers
Capital management
CapitalMenu
Regulation
RegulationMenuwebp
Nat cat
NatCatMenu

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

Members only
Unlock this story now.
Free trial - no credit card required.
• Unlimited access to breaking news and analysis
• Daily briefings from across the Asia Pacific market
• Exclusive interviews and in-depth reports
Already a member?
Sign in here

Share this article

Read next

pacific-posts-third-straight-quarter-of-double-digit-commercial-insurance-rate-declines
asia-insurance-rates-decline-continues-across-major-commercial-lines-in-q1-2026
stronger-steadier-ils-market-sets-stage-for-asia-growth-but-structural-gaps-remain
FlagsOfTheUnitedStatesIsraelAndIranOnWooden
talent-crunch-intensifies-as-asias-transactional-risk-market-matures
equity-push-fuels-china-life-insurers-2025-investment-gains
benign-catastrophe-year-investment-gains-lift-australia-non-life-profit-to-a10-5bn-am-best
asia-life-reinsurance-capital-up-29-as-global-capacity-tops-us160bn-guy-carpenter
fitch-sees-limited-near-term-credit-impact-as-apac-updates-capital-and-fx-rules
hdfc-life-vnb-growth-tapers-in-fy2026-amid-steady-premium-growth