Ratings

Fitch Ratings affirms stable outlook for Indonesia's Meritz Korindo Insurance

July 11 2023

Meritz Korindo is expected to have sufficient capital buffer to support its business and counter its erratic underwriting performance.

south-koreas-hanwha-general-insurance-retains-high-financial-strength-ratings

South Korea's Hanwha General Insurance retains excellent strength ratings

July 7 2023

AM Best maintained the strength ratings of South Korea's sixth largest P&C, with its focus on long-term insurance a key factor.

chubb-life-nz-earns-outstanding-ratings-reinforces-position-in-new-zealand-insurance-market

Chubb Life NZ earns excellent ratings, reinforces position in New Zealand's insurance market

July 7 2023

Despite some challenges in 2021 and 2022, AM Best awarded Chubb Life NZ's ratings thanks to factors including its diversified distribution approach and prudent underwriting management.

Strong financial position and dominant market share propel Cathay Life Insurance to 'A' rating with a stable outlook

June 30 2023

Fitch Ratings assigned Cathay Life Insurance Co., Ltd an ‘A’ Insurer Financial Strength (IFS) rating with a stable outlook and a ‘AA-(twn)’ rating to its proposed Taiwanese dollar...

am-best-maintains-stable-outlook-on-south-koreas-pc-segment-despite-new-guidance-on-actuarial-assumptions

AM Best maintains stable outlook for South Korea's P&C segment despite new IFRS 17 guidance

June 28 2023

High-margin health products set to provide stable growth despite pressure on motor segment's combined ratio and concerns about IFRS 17 assumptions.

Fubon Life Insurance receives a strong rating from Fitch Ratings, bolstered by diversification and capital strength

June 27 2023

The rating was given as Fubon Life shifts focus toward higher protection, foreign currency, retirement and investment-linked products.

Korea Specialty Contractor Financial Cooperative earns a strong rating from Fitch Ratings

June 26 2023

KSCFC is a Seoul-based firm established in 1988 to support the domestic construction industry by offering guarantee and insurance services to its member companies.

AM Best: United Overseas Insurance looking to expand in the region

June 23 2023

AM Best affirmed UOI's financial strength and credit ratings and believes the Singaporean insurer has a stable outlook.

picc-hk-maintains-excellent-ratings-with-am-best

AM Best: PICC HK maintains excellent financial strength and credit ratings

June 23 2023

The (re)insurer is developing its inward reinsurance portfolio and with its expansion to Macau can now provide motor policies which cover the greater bay area.

am-best-revises-outlook-for-asian-re-to-positive-after-improvements-in-combined-ratio

AM Best improves Asian Re's future outlook to 'positive' after improvement in combined ratio

June 19 2023

The APAC reinsurer improved its CR to 103.3% in 2022, from 107.4% the year prior.

fitch-downgrades-outlook-of-fwd-gis-financial-rating-to-stable-after-registering-cr-of-106-1

Fitch downgrades outlook of FWD GI's financial rating after 2022 combined ratio of 106%

June 16 2023

Fitch revises outlook from positive to stable due to upcoming IT investments and off the back of weakened underwriting performance.

fitch-affirms-a-rating-for-chinas-tk-cn-insurance-after-combined-ratio-improves-to-92

Fitch maintains A- rating for China’s Tk.cn Insurance after combined ratio improves to 92% in 2022

June 16 2023

Tk.cn's combined ratio improved considerably from 121% in 2021, however Fitch expects the Chinese insurer's capitalisation to decline this year as its insurance portfolio expands.

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