Malaysia’s Pacific & Orient suffers from lack of diversification: Fitch
September 26 2022 by InsuranceAsia News-
Income to benefit from Allianz’s global expertise and potential synergies: Fitch
- July 19
The proposed acquisition is fully in-line with Allianz’s strategic objectives to grow inorganically in property and casualty, the rating agency said.
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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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Market dynamics positive despite geopolitical, climate risks headwinds
- July 18
Severe weather events, projected to rise by 5-7% every year, geopolitical unrest, and supply chain disruption are the main systemic perils that put pressure on the insurers, according to SwissRe Corso CUO Kera McDonald.