Industry Segments: Ratings Page 18 / 23
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- June 27 2022
Lower commission boosts PICC HK 2021 underwriting: AM Best
The insurer has been expanding its inward reinsurance business.
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- June 22 2022
MSIG Hong Kong to maintain ‘modest’ GWP growth: S&P
Growth expected from employee compensation, marine and travel insurance recovery.
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- June 15 2022
Toa Re’s ratings revised to negative outlook by S&P
The COR of the group has exceeded 100% for four consecutive years.
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- June 7 2022
Taiwan’s P&C capital levels under pressure from Covid claims
The situation shows the danger of underwriting policies for which there is inadequate data.
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- May 18 2022
Petronas’ captive rating boosted by favourable COR: AM Best
Energas Insurance has has a five-year average combined operating ratio of 66%.
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- April 26 2022
Motor to remain biggest contributor to Japanese P&C profits: Moody’s
Over 50% of premiums written by the big three will be for motor vehicles.
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- April 25 2022
Fitch downgrades Sri Lanka Insurance as crisis bites
The country's financial crisis is slowing down premium growth.
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- April 11 2022
Agriculture exposes China United Property to cat losses: Fitch
Agriculture insurance generated nearly 22% of the insurer’s total premiums in 2021.
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- March 29 2022
Australia floods are an earnings, not capital event: Fitch
Most losses will be borne by IAG and Suncorp, as La Nina conditions are set to continue in Q2.
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- March 7 2022
Covid-19 provisioning helps Hollard’s results: AM Best
Hollard’s purchase of CommInsure is expected to complete in the second half of 2022.
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- March 3 2022
FMG supported by pricing strategy, investment returns: AM Best
The rural insurer had positive underwriting results in the first nine months of FY 2022.
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- January 31 2022
Vietnam’s PTI underwriting risks to grow: AM Best
The P&C player has had a favourable loss ratio but high expense ratio amid a GWP slowdown.
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- January 27 2022
Prudential in strong position as it focuses on Asia, Africa: Fitch
Annualised premium equivalent sales of the Asian and African businesses saw 17% growth in H1 2021.
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- January 21 2022
AM Best upgrades Taiwan’s Hotai Insurance
Taiwan's largest motor player has been improving its combined ratio in recent years.
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- January 17 2022
South China Insurance’s underwriting margin under pressure: AM Best
The narrowing is due to the increased claims experience and its expense ratio.
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- January 14 2022
Fitch downgrades Indonesia’s Nasional Re
The rating agency cited potential volatility from its credit book which accounts for 26% of total GWP.
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- December 28 2021
PartnerRe to diversify Covéa’s business profile: AM Best
The deal is expected to broaden the French mutual insurer's product offering and geographic footprint.
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- December 28 2021
Sompo Japan’s overseas premium rates to increase in 2022: Moody’s
Sompo saw 26% increase of overseas premium in the first half of 2021.
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- December 22 2021
Guoren P&C’s reduced motor exposure to boost performance
Fitch tells IAN the insurer’s auto business was much lower than the industry average of 54%.
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- December 21 2021
New motor regime to impact CPPIC profits: Moody’s
The insurer also faces competition in the A&H market as well as volatility in its growing agricultural line.
