Emerging risks | Growth Opportunities | APAC Insurance

Thursday, November 5, 2026

Motor, Non-life, Ratings, Ratings Upgrade

AM best upgrades Provident Insurance’s ratings amid “significant” tech investment

Investment in IT and pricing capabilities has elevated 2024 expense ratio but will aid execution of company's growth plan.

By

Editorial team

December 13, 2024

•

3 min read

(Re)in AsiaSIRC 2026 Hub

(Re)in AsiaSIRC 2026HubExplore the hub →

Unlock this insight for free

Register for a free 14-day trial to read the full insight.

14 days of access to (Re)in Asia’s premium intelligence
Free daily briefing in your inbox each morning
No credit card required

Already have an account? Sign in →

(Re)in AsiaSIRC 2026 Hub

(Re)in AsiaSIRC 2026HubExplore the hub →

Read next

AM Best upgrades Fortegra’s ratings after acquisition by South Korea’s DB Insurance August 10 2026
AM Best upgrades Dah Sing Insurance as GWP grows 75% over four years October 15 2026
AM Best withdraws Zhibao Re ratings amid planned change in parent ownership August 23 2026
Asahi Life swings to US$82.4m positive investment spread as Fitch affirms ratings October 28 2026
AM Best affirms BOCG Insurance as investment returns outpace thin underwriting margins October 28 2026
China’s tech insurance coverage soars 66.9% in first eight months of 2026 October 1 2026