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Emerging risks | Growth Opportunities | APAC Insurance

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Monday, October 5, 2026

Ratings withdrawl

fitch-downgrades-china-huanong-p-and-c-rating-on-thin-capital-buffers-and-investment-losses
Fitch withdraws China Huanong Property & Casualty's IFS Rating 
November 12 2024
The insurer's rating was downgraded in July, with withdrawal following Huanong's decision to cease participation in the rating process.
s-and-p-global-withdraws-ratings-of-iag-re-labuan-and-iag-re-singapore-at-companies-request
S&P Global withdraws ratings of IAG Re Labuan and IAG Re Singapore at companies’ request 
October 7 2024
Prior to the withdrawal, the outlook for both ratings was stable. 
am-best-affirms-thaire-lifes-ratings-withdraws-them-at-reinsurers-request
AM Best affirms Thaire Life's ratings, withdraws them at reinsurer's request
July 12 2024
Reinsurer saw ratings downgraded in September, but maintains a strong balance sheet and adequate operating performance, said AM Best.
fitch-withdraws-ratings-of-malaysias-pacific-amp-orient
Fitch withdraws Pacific & Orient's rating with insurer opting out of rating process
July 3 2024
Insurer had seen combined ratio increase to 133% in FY2023.
accuro-health-insurance-ratings-withdrawn-by-am-best-after-company-exits-insurance-market
Accuro Health Insurance ratings withdrawn by AM Best after company exits insurance market
June 12 2024
Ratings of New Zealand health insurer withdrawn after completion of portfolio transfer to UniMed.
fitch-affirms-and-withdraws-ratings-for-kdb-life
Fitch affirms and then withdraws ratings for KDB Life
April 16 2024
KDB Life's ratings and negative outlook maintained, but Fitch said it had chosen to withdraw the ratings, citing commercial reasons.
am-best-withdraws-hollard-australias-ratings-at-insurers-request
AM Best withdraws Hollard Australia's ratings at insurer's request
March 22 2024
Hollard has 'Excellent' ratings affirmed before withdrawal, with AM Best spotlighting likely moderation in premium growth after a decade of significant expansion.
fitch-withdraws-ratings-for-sri-lanka-insurance-following-company-restructure
Fitch withdraws ratings for Sri Lanka Insurance following company restructure
February 28 2024
Fitch Ratings discontinues ratings for following SLIC's reorganisation and shift to a holding company for GI and life entities.
am-best-affirms-and-then-withdraws-ratings-for-shanghai-electrics-captive-insurer
AM Best affirms and then withdraws ratings for Shanghai Electric's captive insurer
February 8 2024
AM Best affirms and subsequently withdraws Shanghai Electric Insurance's 'Good' ratings upon company's request.
sp-withdraws-ratings-for-chubb-life-at-companys-request
S&P withdraws ratings for Chubb Life at company's request
January 5 2024
S&P Global Ratings withdraws 'A+' ratings amid recent organisational restructure.
Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.