Ratings

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S&P upgrades Samsung Fire & Marine to 'AA' on strengthened capital buffers

July 31 2026

Better pricing and a recovering motor book should improve combined ratio to between 88% and 91% this year.

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S&P revises Japan P&I Club's outlook to positive on disciplined underwriting

July 30 2026

Sustained underwriting performance and prudent risk management underpinned the positive outlook revision.

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Rising guarantee claims keep Construction Guarantee's COR above 100% as AM Best affirms rating

July 28 2026

The ratings agency expects a lag before the cooperative's guarantee business returns to past profitability, even if construction activity recovers.

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Vietnam non-life insurers rebound as digital channels and commercial demand lift growth: AM Best

July 28 2026

Health and personal accident lines led premium expansion in 2025, helped by bancassurance partnerships and embedded insurance.

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Hanwha General's long-term line's profit falls despite revenue growth: AM Best

July 27 2026

Rising medical claims and competition squeeze margins on the South Korean insurer's long-term book.

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S&P withdraws Chubb China ratings after Huatai integration

July 27 2026

The move follows Chubb China's dissolution, with its capital likely to be redeployed within the wider group.

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AM Best affirms Bao Viet Insurance as underwriting stays marginally profitable in 2025

July 24 2026

Vietnamese insurer's prudent pricing discipline and a stable investment income stream are expected to support earnings over the medium term.

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Fitch downgrades Asuransi Asei to BB+(idn), flags capital strain and rising credit insurance exposure

July 24 2026

Fitch also placed the Indonesian insurer on negative watch as Asei looks to restore capital through debt conversion and a planned equity injection.

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Regulation and investment income keep South Korea's non-life outlook stable despite weaker underwriting: AM Best

July 22 2026

Claims pressure from the end of the 2024 medical strike and years of motor rate cuts is pushing the strongest insurers abroad in search of new growth.

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AM Best assigns B+ rating to Philippines' MAAGAP as underwriting results improve in 2025

July 22 2026

"Ongoing remedial measures" helped steady the insurer's performance after natural catastrophe and large loss events caused volatility, the ratings agency said.

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Cyber insurers face profitability crossroads as soft market persists: S&P

July 17 2026

Reinsurers are expected to remain the main buffer for rising cyber accumulation risk as the market moves closer to a pricing turn.

Vietnam's MIC growth analysis with overlayed financial graphs.

Restructuring and commercial-lines expansion supports growth of Vietnam's MIC — AM Best

July 17 2026

The rating agency maintained the insurer's B++ (Good) financial strength rating and stable outlook.

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