Moody’s downgrades Peak Re; changes outlook to negative
August 30 2022 by InsuranceAsia News
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BRI Insurance’s underwriting profitability supports “stable” outlook: Fitch
- April 26
The global rating agency assigned a national insurer financial strength rating of "AA" to BRI Insurance, thanks to low claim ratio and improved combined ratio.
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MSIG Singapore could post modest premium growth in 2024: S&P Global
- April 25
S&P Global Ratings affirmed MSIG Singapore's "A+" local-currency financial strength rating with a stable outlook.
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Korean insurers remain resilient to overseas commercial real estate deterioration: Fitch
- April 23
A steady increase in the release of contractual service margins, driven by sound underwriting performance, will continue to support Korean insurers’ profitability despite volatility in their investment returns, Fitch said.
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Peak Re’s outlook upgraded to ‘stable’ as growth prospects brighten: Moody’s
- April 22
The upgrade from "negative" reflects its view that contagion risk from its parent Fosun International, in the form of strain on its business growth, is unlikely to increase meaningfully.
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FM Global | Resilience: No longer a choice
As climate disclosure becomes mandatory and new risks emerge from natural hazards, understanding the tools that are available to build resilience is more important than ever.
