AM Best downgrades outlook for Philippine’s P&C segment due to tough reinsurance conditions

The credit rating agency revised the outlook from stable to negative, citing concerns over domestic insurers' increased exposure to NatCats due to reinsurance access difficulties.

Share

Am best downgrades outlook for philippines pc segment due to tough reinsurance conditions
Picture of Editorial team

Editorial team

THIS PREMIUM INSIGHT IS FOR SUBSCRIBERS ONLY.

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

Unlocked access today:

Already subscribed? Log in using the form below or click here

Read next

iccsc-unveils-new-action-plan-to-help-build-trust-in-singapores-insurance-sector
ageing-workforce-demands-employees-comp-rethink
beazleys-new-apac-head-looks-to-strong-growth-in-cyber-property-and-marine
singapore-life-industry-sees-strong-premium-growth-through-first-three-quarters-of-2024
gen-z-demongraphic-shift-highlights-need-for-flexible-insurance-products
sirc-2024-reflections-living-in-a-world-of-accelerated-risk
asia-insurtech-funding-falls-with-global-investment-expected-to-stabilise-at-us4-2bn-in-2024
what-the-us-election-result-means-for-asias-insurance-markets
industry-needs-to-adapt-and-reshape-image-to-attract-young-talent-canopius-report
1-1-renewals-reinsurers-stay-selective-as-buyers-market-emerges

Share this article