AM Best upgrades CMB Wing Lung Insurance over CMI deal closure
April 11 2023 by InsuranceAsia News
MORE FROM: Ratings
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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.
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Ansvar’s reinsurance program limits downside risks from PSA, weather claims : AM Best
- June 21
AM Best has affirmed insurer rating of A- (excellent) with a stable outlook.
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Asian Re’s underwriting performance set to improve, 2023 COR down at 101.6% : AM Best
- June 14
The rating agency affirmed the regional non-life reinsurer's "B+" (good) financial strength rating with a positive outlook.
Partner Content
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
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