Motor, Non-life, Ratings

Fitch maintains Malaysia’s P&O financial strength rating despite combined ratio of 133% in FY23

Fitch Ratings has reaffirmed Pacific & Orient Insurance's IFS rating, citing the firm's strong capitalisation and prudent investment approach, despite stressed profitability and fierce competition in the Malaysia's motor insurance industry.

Editorial team

September 13, 2023

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2 min read

New Standards.New Stage.Real Recognition. Entries Closing Soon. Apply now → Entries close
25 September

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Market conditions continue to evolve as businesses review their priorities and plans for growth. The pace of change varies across the region, with local factors shaping how organisations respond.

Attention is turning to the balance between near-term opportunities and longer-term objectives. Decisions made today will help determine how businesses adapt as conditions develop.

While the outlook remains varied, the broader direction reflects a market adjusting to new demands. The implications will become clearer over time as plans move into practice.

New Standards.New Stage.Real Recognition. Entries Closing Soon. Apply now → Entries close
25 September