Fitch affirms IFS A- rating of China’s Huaxia LifeApril 14 2015 by InsuranceAsia News Staff
- August 15
The Hong Kong insurer COR has remained at around 100% over the past five years.
- August 10
The Hong Kong P&C player is gradually exiting group medical business.
- August 8
The reinsurer's underwriting performance improved after reserve releases.
- August 1
The company reported a five-year average combined ratio of 101.4%.
A longer claims process and increased cost were some of the challenges faced by insurers.
Tropical cyclones have always been a significant peril in Asia and a major focus for risk assessment in the region.