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Fitch upgrades Asahi Life's outlook, with core profit margin now above pre-pandemic levels
December 18 2024
Fitch affirms ratings while acknowledging Japanese insurer's strategic shift to more profitable products.
AM Best upgrades Tune Protect Re's ICR rating, citing improved operating performance
December 16 2024
TPR reported a robust combined ratio of 84.6% in 2023.
New India's underwriting losses worsen in FYE24: AM Best
December 16 2024
AM Best affirms ratings, but notes challenging market conditions will likely constrain underwriting results over the medium term.
AM Best upgrades Korean Re's ICR rating, citing improved balance sheet strength
December 13 2024
Increased available capital, continued profit retention, and reduced underwriting risk underline ratings upgrade.
Bao Minh to maintain operating profit in 2024, despite Yagi losses
December 13 2024
AM Best affirms ratings, with Vietnamese insurer benefiting from reinsurance dependence and steady investment returns.
AM Best revises Starr Thailand's outlooks to positive, citing group integration strategy
December 13 2024
Insurer has seen improved underwriting results since being acquired by Starr Group in December 2022.
AM best upgrades Provident Insurance's ratings amid "significant" tech investment
December 13 2024
Investment in IT and pricing capabilities has elevated 2024 expense ratio but will aid execution of company's growth plan.
Lonpac Insurance may see constrained underwriting margins in the medium term: AM Best
December 12 2024
Reinsurance costs and pricing liberalisation may impact underwriting, but operating performance is expected to remain strong.
AIA Group sees strong H1 profit growth: Fitch
December 10 2024
Fitch ratings affirmed ratings of AIA Group and subsidiaries, while noting the insurer's ROE has risen to 16.5% in the first half of this year.
Meritz's posts lowest long-term insurance COR among peers in 2023: AM Best
December 9 2024
AM Best affirms South Korean insurer's ratings, highlighting strong investment and low loss ratio.
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