Ratings for Mitsui Sumitomo Insurance and US operating companies; Aioi Nissay Dowa Insurance; and Aioi Nissay Dowa Insurance (China) all affirmed with a stable outlook.
NFRA issued new guidelines to promote the development of inclusive insurance in China, focusing on broad coverage, affordability, fairness, and sustainability.
Sources told Reuters that Richard Li plans to list pan-Asian insurer in Hong Kong, targeting a valuation of up to US$9bn depending on market conditions.
