AM Best affirms CTPI HK's ratings, adding that, while overall underwriting performance has improved since 2019, its margins are expected to remain 'thin'.
Reinsurer's ratings affirmed as net profit surges, but managing volatility of expanding overseas business and non-voluntary cessions remains key, says Fitch.
Korean insurer's ratings affirmed, with future underwriting performance supported by CSM base, though its capital is more exposed to volatility than domestic peers.
Fitch affirms 'A-' IFS rating citing strong capitalisation and government, with Chinese insurer continuing to reduce exposure to guarantee insurance business.
