Ratings

AM Best upgrades Peak Re's outlook to Stable

August 29 2024

AM Best affirms ratings while upgrading outlook, noting parent company's improved access to funding and bank support to mitigate liquidity and refinancing risks.

korea-p-and-i-club-ratings-affirmed-amid-strategic-underwriting-overhaul-due-to-large-claims

Korea P&I Club's ratings affirmed amid strategic underwriting revamp

August 26 2024

AM Best affirms B++ ratings KP&I's risk while noting the club has reduced its exposure to larger-sized vessels.

cppic-ratings-affirmed-by-sampp-amid-underwriting-volatility-from-large-loss-events

China Pacific Property Insurance's ratings affirmed amid underwriting volatility from large-loss events

August 22 2024

S&P affirms insurer’s ‘A’ ratings, expecting CPPIC to have a combined ratio of 96%-99% over the next two years.

AM Best affirms Aflac Life Insurance Japan's A+ financial strength rating

August 21 2024

The ratings agency notes that Aflac continues to lead and innovate in Japan's medical and cancer insurance industry,

Hanwha General Insurance has ratings affirmed amid efforts to scale digital subsidiary

August 19 2024

AM Best affirms Hanwha General Insurance's ratings while highlighting its efforts to expand Carrot General Insurance.

kb-indonesia-assigned-b-good-fsr-bbb-good-long-term-icr-by-am-best

AM Best assigns KB Indonesia's ratings, expects improved stability with rise in premiums, motor business

August 16 2024

KB Indonesia has been assigned ‘B++’ (Good) FSR, and ‘bbb+’ (Good) Long-Term ICR by AM Best.

Jubilee General Insurance's ratings downgraded amid elevated domestic economic and political risks

August 16 2024

Despite logging a five-year average weighted 93.9% COR, AM Best downgrades ratings due to heightened economic, political, and financial system risks in Pakistan.