Credit

Dominant market position sees Seoul Guarantee Insurance's ratings affirmed with stable outlook

December 5 2023

Fitch affirms 'AA-' ratings for the guarantee and credit insurer, though slight deterioration of combined ratio is expected in 2023.

Gallagher launches brokerage in Taiwan

December 1 2023

Taipei Office will be spearheaded by Taiwan CEO, Brian Wang, who joined Gallagher in 2022 to oversee the market launch.

Indonesian reinsurer Tugure maintains financial strength rating despite underwriting volatility

November 24 2023

Fitch affirms PT Tugu Reasuransi Indonesia's National IFS Rating at 'A+(idn)', but notes volatility from its property and credit insurance segments — which have seen COR rise to 106% in the first nine...

ZhongAn's tech edge cement 'excellent' ratings from AM Best

November 10 2023

ZhongAn's innovative approach and diversified insurance services see ratings affirmed despite 2022 loss.

Five-year combined ratio of 62% sees South Korea's Construction Guarantee Cooperative maintain superior credit ratings

October 24 2023

Despite capital losses in 2022, global rating agency AM Best affirms ratings and maintains stable outlook for the government-designated surety underwriter for general contractors.

Jonathan Allard joins Gallagher Re to lead newly created Global Credit & Political Risk team

October 9 2023

The experienced Allard joins from Renaissance Re where he was Vice President of Underwriting.

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