Emerging risks | Growth Opportunities | APAC Insurance

Saturday, November 7, 2026

Non-life, Ratings, Ratings affirmation, Specialty, Trade credit

Fitch affirms Seoul Guarantee Insurance rating amid rising combined ratio

SGI’s combined ratio rose to 94% in 1H25, but strong investment returns helped offset underwriting losses, Fitch reports.

By

Jessica Li

November 12, 2025

•

3 min read

(Re)in AsiaSIRC 2026 Hub

(Re)in AsiaSIRC 2026HubExplore the hub →

Unlock this insight for free

Register for a free 14-day trial to read the full insight.

14 days of access to (Re)in Asia’s premium intelligence
Free daily briefing in your inbox each morning
No credit card required

Already have an account? Sign in →

(Re)in AsiaSIRC 2026 Hub

(Re)in AsiaSIRC 2026HubExplore the hub →

Read next

Construction Guarantee underwriting set to recover as Fitch affirms 'A+' rating October 7 2026
Groupama SDIG solvency ratio slips to 274.1% on asset-risk charges as Fitch affirms rating October 1 2026
Beneficial Insurance posts 69% combined ratio in 2026 as AM Best affirms ratings September 17 2026
Tokio Marine's domestic combined ratio improves in FY2025 as AM Best affirms ratings September 29 2026
Private credit push lifts Resolution Life Australasia's risky asset ratio to 149% as Fitch affirms 'AA-' August 28 2026
Ping An’s 9M operating profit rises 8.3% as P&C combined ratio improves to 95.6% October 28 2026