Ratings

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.

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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.

Lloyd’s and Lloyd’s China's ratings upgraded following improved underwriting performance

August 12 2024

Expense ratio continues to be higher than peers, but actions are being taken to reduce the cost of placing business at Lloyd’s, says AM Best.

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Malayan Insurance's motor business helping to mitigate deterioration of underwriting results

August 12 2024

AM Best affirms Malayan Insurance's ratings, highlighting balance sheet strength amid underwriting challenges.

Shin Kong Life increases accident and health product sales to stabilise margins

August 10 2024

Fitch affirms South Korean insurer's ratings, noting recovery of its regulatory solvency position as a key factor.

Resolution Life's Australasia and New Zealand entities ratings affirmed amid changing market conditions

August 6 2024

High regulatory scrutiny in ANZ is shifting market dynamics and opens up potential for further acquisitions.

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AM Best downgrades Hyundai Insurance China's outlook due to underwriting risks and capital erosion

August 5 2024

Ratings affirmed, but negative outlook assigned with short to medium-term losses projected to erode capital.

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China P&I’s loss ratio improves in 2023

August 4 2024

AM Best affirms ratings as improved operating results and favourable investment income drives club's financial stability.

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