Luen Fung Hang’s 2022 COR at 58%, bancassurance model gives competitive advantage: AM Best

October 23 2023 by

Macau’s second largest non-life insurer, Luen Fung Hang Insurance (LFH), reported a net combined ratio (COR) of 58% and return-on-equity remained of 17%, in 2022, demonstrating a consistently strong a...

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