Prudent reinsurance, low costs anchor Cosco captive’s performance
September 19 2022 by InsuranceAsia News-
China Huanong P&C downgraded for poor capital raising ability
- July 19
The global rating agency has downgraded the carrier's rating to 'BBB-' from 'BBB' with a negative outlook due to investment losses.
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Hyundai Marine & Fire Insurance’s long-term line results to improve: AM Best
- July 19
The rating agency has affirmed the carrier's financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) with a stable outlook.
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Bangkok Insurance COR projected at 85%-90% over the next two years: S&P Global
- July 16
The rating agency has affirmed the carrier's 'A-' local currency long-term issuer credit and financial strength rating to the insurer, with a stable outlook, and expects its capital adequacy to remain above its 99.95% confidence level over the next two years.
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Income Insurance on S&P CreditWatch negative on potential government support dilution
- June 24
The CreditWatch followed news that the Singapore government-backed insurer is in talks with Allianz for a stake sale.