South Korea’s Financial Services Commission (FSC) has conditionally approved Lotte Insurance’s management improvement plan, submitted in late April, following a regulatory management improvement requirement.
The...
Improved new business margins and rise in new business value underpinned Fitch’s decision to affirm the ratings of Great Eastern Holdings’ core insurance subsidiaries.
The ratings agency highlights stronger capital management and diversified earnings among Japan’s insurers as they adapt to higher interest rates, solvency reforms and increased use of reinsurance and overseas...
The insurer, which reported a solvency ratio of 142% as of September 2025, now has two months to submit a revised plan covering asset disposals, cost reductions, and capital increases.
Mandatory core capital rule from January 2027 targets heavy hybrid use, raising refinancing pressure, but is viewed as credit positive with limited near-term ratings impact.