Fire, Life and Health, News, Non-life, Ratings, Ratings affirmation, Reinsurance

Qianhai Re’s Tai Po fire loss does not ‘materially alter’ operating assessment, as AM Best affirms ratings

AM Best said Qianhai Re’s net retained loss from the Wang Fuk Court fire is manageable and does not impact its operating performance assessment.

Reih Angeles

December 12, 2025

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3 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