Company: AM Best Page 1 / 6
-
- May 25 2023
Tencent-backed Hong Kong reinsurer FuSure to stay profitable with a single-digit return
The non-life reinsurer reported net profits in 2022, breaking even one year earlier than its original plan, says AM Best.
-
- May 15 2023
Vietnam National Reinsurance to see improved pricing, underwriting growth: AM Best
Underwriting results improved in 2022, driven by favourable attritional and catastrophe loss experience, and a reduced expense ratio.
-
- March 31 2023
Hollard Insurance’s underwriting to benefit from lower expenses and rate hikes: AM Best
The rating agency has affirmed an insurer rating of A- (excellent) with a stable outlook for the company.
-
- March 17 2023
Asuransi Astra to maintain strong capital, reports robust numbers: AM Best
The rating agency has assigned an A- (excellent) rating to the company with a stable outlook
-
- March 10 2023
AM Best downgrades Scor over ‘sizeable’ losses
Rating agency has downgraded its insurer rating to A (excellent) from A+ (superior) even as it revised the company outlook to stable from negative
-
- March 2 2023
Himalayan Re expected to complete US$23m IPO this month: AM Best
The rating agency has placed the Nepalese reinsurer’s rating under review with positive implications due to the proposed listing.
-
- February 26 2023
Vietnam’s PVI Insurance COR improves to 90%, premium grows 17%
The carrier, which has been handed a rating upgrade by AM Best, will see its reinsurance arm PVI Re's CAR strengthen with a capital injection in Q1 2023.
-
- February 16 2023
Fubon Insurance Vietnam under review with negative implications: AM Best
The Taiwanese parent was downgraded on February 3 and put on ratings watch for negative implications
-
- January 20 2023
Vietnam’s PTI capital adequacy weak: AM Best
The firm suffered from underwriting losses associated with Covid-19 insurance policies.
-
- January 9 2023
Malaysian Re’s India, MENA performance help mitigate 2021 domestic flood hit
AM Best has affirmed the Asean reinsurer's rating of A- (Excellent) with a stable outlook.
-
- December 23 2022
Vietnam Bao Minh Insurance combined ratio at 97.8%: AM Best
The firm’s claims have been supported by a lower loss ratio in motor, personal accident and health.
-
- December 19 2022
Qianhai Re on track to sustained profitability, capital efficiency: AM Best
The rating agency affirmed the reinsurer’s financial strength rating of A- (excellent) with a stable outlook.
-
- December 19 2022
Fubon Vietnam underwriting performance improved despite cat losses from foreign inward business
AM Best has affirmed the B++ rating for the general insurance arm of the Taiwanese financial services group.
-
- December 15 2022
New Zealand Provident Insurance combined ratio 93%: AM Best
Lower usage of vehicles during Covid resulted in less motor claims and led to better underwriting results.
-
- December 13 2022
China’s easing Covid norms to help non-life underwriting performance: AM Best
Non-life insurers in China posted a healthy 20% earnings growth this year till September.
-
- December 12 2022
China Taiping Hong Kong’s underwriting margins remain thin: AM Best
The P&C carrier’s combined ratio remained above 100% despite improvements in performance.
-
- December 12 2022
Korean Re to reduce overseas property cat exposure
The South Korean reinsurer hit by Covid claims and nat cats will expand casualty and specialty lines, according to AM Best.
-
- December 9 2022
Covid restrictions help Lonpac improve COR: AM Best
The general insurer posted a five-year average combined ratio of 66.1%.
-
- December 5 2022
Meritz Fire & Marine’s loss ratio outperformed domestic peers: AM Best
The rating agency upgraded Korea’s fifth largest non-life carrier's rating to A on its strong profitability.
-
- December 5 2022
Hotai Insurance downgraded by AM Best over ‘significant’ pandemic claims
The Taiwanese general insurer has been rated at B++ as Covid-19 claims wiped off US$853m capital injection by parent Hotai Motor.
