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

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.

Share

Five year combined ratio of 62 sees south koreas construction guarantee cooperative maintain superior credit ratings

THIS PREMIUM INSIGHT IS FOR SUBSCRIBERS ONLY.

Stay ahead with precise, independent journalism of APAC's insurance markets.

Unlocked access today:

Already subscribed? Log in here

Read next

two-years-on-key-points-of-discussion-remain-for-australian-cyclone-reinsurance-pool
asian-nat-cat-insurance-protection-gap-double-latin-americas
growth-in-sme-cyber-risks-calls-for-adjustments-in-cat-models-guy-carpenter
updated-australian-rainfall-anp-runoff-guidelines-forces-flood-risk-rethink
koreas-life-and-non-life-segments-see-contrasting-net-income-results-in-1h-2024
hong-kongs-direct-general-insurance-underwriting-profit-doubles-in-q2-2024
reinsurers-achieve-highest-returns-on-equity-in-over-a-decade
asia-pacific-insurers-urged-to-improve-data-gaps-to-improve-nat-cat-risk-pricing
hard-reinsurance-market-to-remain-for-at-least-two-more-years-am-best
number-of-insurance-affordability-stressed-households-in-australia-rose-30-in-last-year-actuaries-institute

Share this article