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
Picture of Editorial team

Editorial team

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 using the form below or click here

Read next

japans-insurance-industry-to-top-us400bn-in-2029-globaldata
cyber-reinsurers-look-to-southeast-asia-for-growth-and-diversification
underwriting-losses-continue-in-2024-for-indian-pampc-insurers
valuation-clarity-to-unlock-korean-insurer-mampa-logjam
bi-the-leading-risk-concern-for-asian-companies-in-2025-allianz
2025-outlook-trump-india-and-easing-the-insurance-talent-shortage
Miller targets Koreas marine energy and entertainment sectors
asia-pac-property-casualty-rates-soften-at-11-renewals
apac-nat-cat-protection-gap-double-the-us-in-2024
korean-life-insurers-face-falling-interest-rate-challenge-in-2025

Share this article