Company: AM Best Page 9 / 10
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- November 16 2021
Health, personal accident drive Vietnam’s non-life market: AM Best
Intense competition and poor pricing conditions have prompted some insurers to reassess their motor business.
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- October 12 2021
Cigna APAC deal gives Chubb Korean A&H boost: AM Best
Asia-Pacific to account for 20% of global operations once the acquisition closes.
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- October 7 2021
Vietnam’s BIDV Insurance saw 13% GWP growth in 2020: AM Best
The insurer's combined ratio has averaged around 98% over the past five years.
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- October 4 2021
RGA’s premium growth gets Asia boost: AM Best
Higher mortality rates due to Covid-19 have put the global life reinsurer under pressure over the last 18 months.
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- September 20 2021
Cosco Shipping’s captive to see steady premium growth: AM Best
The captive benefits from low distribution costs for group-related business and a favourable reinsurance environment.
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- September 17 2021
Samsung Re gets group captive boost: AM Best
The reinsurer is mainly focused on South-East Asia and India as GWP neared US$80m in 2020.
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- September 16 2021
Scor targets ‘best market dynamics in a decade’
Reinsurance margin enhancement offers opportunities in fast-growth markets such as Asia.
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- September 6 2021
Tokio Marine buoyed by strong domestic position: AM Best
The P&C player's 25% market share of net premiums in Japan cushioned the global impact of Covid-19.
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- August 30 2021
Macau Insurance sees ‘positive’ 2020 results: AM Best
The non-life player's performance was driven by a better net loss ratio in its medical and motor business lines.
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- August 23 2021
China’s Ping An Health to see ‘robust’ growth: AM Best
The insurer's net profit increased by 47% to US$92m in 2020.
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- August 2 2021
Malaysia P&C outlook stable despite Covid headwinds: AM Best
The rating agency expects health insurance to be an important driver of growth.
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- July 30 2021
China’s insurers to manage Henan flood losses: AM Best
Rating agency cites portfolio diversification and state reinsurance protection as mitigating factors.
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- July 19 2021
Malayan reliant on reinsurance to write large property risks: AM Best
The largest Philippine P&C player had GWP of US$280m in 2020.
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- May 10 2021
Asian Re’s loss ratio deteriorates as cat losses bite: AM Best
Underwriting results remain volatile with Asian Re's five-year average COR exceeding 125%.
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- August 4 2020
United India withdraws AM Best rating, secures US$144m
P&C player's underwriting losses are concerning, as India's government turns to IPO of life giant LIC.
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- July 21 2020
AM Best downgrades New India
The ratings agency also noted a worsening outlook for India's P&C players.
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- April 6 2020
Global reinsurers to show resilience during crisis: AM Best
Swiss Re's chairman and chief executive have backed-up the assertion.
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- October 21 2019
Japan’s P&C majors stable after typhoons: AM Best
Losses from Typhoon Faxai and Super Typhoon Hagibis should be manageable.
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- September 4 2018
New market development head for AM Best South-East Asia
Doron Grossman, former head of distribution for Asia Pacific at QBE, has been appointed to the role.
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- December 21 2015
AM Best affirms China Taiping Insurance’s ratings
Chinese Insurer receives strength rating of A and issuer credit rating of "a", with stable outlook.
