Fitch affirmed ABCI's ratings, but noted the Hong Kong-based insurer remains heavily dependent on reinsurance and parental backing, despite recent gains.
Aviation reinsurers face mounting pressure from recent losses and retrocession concerns, with signs pointing to a hardening market as year-end renewals approach.
Regulator has kept KWI Life under close watch due to concerns about its financial stability, but notes the insurer has made progress by raising its capital.
