Ratings

Groupama SDIG combined ratio improves to 93.3% in 1H25 on stronger agricultural margins: Fitch

October 16 2025

Fitch maintained Groupama SDIG’s rating, citing a strong capital buffer and continued growth in China’s non-life market.

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Commission clampdown to enhance non-motor underwriting but pressure smaller insurers in China: Fitch

October 16 2025

Fitch says new NFRA rules will drive Chinese insurers to invest in data and technical pricing as non-motor lines face profitability challenges.

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AM Best upgrades MS First Capital to A+ on strong operating performance

October 14 2025

Singaporean insurer continues to benefit from a well-diversified underwriting portfolio and strong regional ties.

Nat Re continues to face nat cat balance sheet pressures, despite affirmed FSR rating: AM Best

October 14 2025

AM Best highlighted Nat Re’s capital strength and portfolio remediation efforts alongside persistent catastrophe exposure.

Fitch affirms Yingda’s ‘A’ rating as investment gains cushion catastrophe losses

October 14 2025

The insurer recorded a 9% return on equity in the first half of 2025, supported by fair-value gains that helped offset weaker recurring investment income.

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AM maintains GIC Re’s ratings, stable outlook as FY 2025 underwriting stays unprofitable

October 13 2025

The Indian reinsurer’s return on equity rose to 9.2% in FY 2025 on stronger investment income, but elevated COR kept underwriting performance in the red.