The ratings agency revised the outlook on Singapore Re’s long-term issuer credit rating to positive from stable, citing a 21.3% return on equity in 2024 and continued favourable results in the first half...
Violent demonstrations in Kathmandu caused extensive damage to businesses and institutions, with reinsurance, primarily through Nepal Re, expected to cover the majority of industry losses.
Fitch affirmed ABCI's ratings, but noted the Hong Kong-based insurer remains heavily dependent on reinsurance and parental backing, despite recent gains.
Modelling shows the expanded Home Guarantee Scheme will fuel demand and drive up prices, leaving many first-home buyers worse off despite limited gains in ownership.
