Mitsui Sumitomo outlook revised to stable: Fitch
April 29 2021 by InsuranceAsia News Staff-
Huatai P&C Insurance’s underwriting performance set to improve on Chubb’s support: Fitch
- March 25
Fitch Ratings has upgraded Huatai P&C’s rating to 'A+' (strong) from 'A' following Chubb's move to raise its stake in its holding company, Huatai Insurance, to 85.5% in February.
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SHKPI’s underwriting result benefits from low acquisition cost model: AM Best
- March 25
The rating agency affirmed Sun Hung Kai Properties Insurance's long-term issuer rating of ‘a’ (excellent) with a stable outlook as it benefits from parent's distribution channel.
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China Taiping Macau’s 2023 COR and outlook remain stable: AM Best
- March 22
The rating agency affirmed the insurer's financial strength rating of ‘A’ (Excellent) with a stable outlook, citing its strong balance sheet and operating performance.
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China United Property Insurance put on negative rating watch: Fitch
- March 21
The rating action is due to potential reduction in support from parent China Orient Asset Management and the insurer's weakening capital strength.