Reih Angeles is Deputy News Editor at (Re)in Asia, steering the desk's breaking coverage of Asia Pacific insurance and reinsurance. Areas of specialty include insurer and life results, reinsurance and catastrophe losses, cyber, and regulatory change across India, Korea, China and Hong Kong.
The ratings agency said it will revisit the life insurer's credit profile once the effects of its new majority owner become clearer, amid softer earnings but solid capital strength.
The rules introduce a parallel capital test that operates separately from headline K-ICS ratios and carries its own escalation framework for supervisory action.
Vietnamese insurer's underwriting results "continued to show improvements following tightened underwriting guidelines and portfolio restructuring," AM Best said.
