Subject: Ratings Page 1 / 24
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- June 9 2025
Japan’s Mitsui Sumitomo Insurance domestic operations performance to remain stable: AM Best
The rating agency has affirmed financial strength rating of A+ (Superior) and long-term issuer credit rating of “aa” (Superior) to MSI.
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- June 3 2025
India’s non-life premiums could rise to US$38bn in FY26: ICRA
Report also notes private insurers could expand market share to 70% by FY27, up from 68% in FY25.
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- June 3 2025
India’s 3 state-owned insurers need close to US$2bn to remain solvent: ICRA
Combined solvency ratios remained weak at 0.85 as of December, compared to the regulatory minimum of 1.50.
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- June 2 2025
Bolttech Insurance Hong Kong ratings affirmed despite fluctuating financial performance: Fitch
The general insurer's net income declined to US$255,000 in 2024 from about US$4m million a year earlier.
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- May 29 2025
Asian Re to sustain sound underwriting profitability, rating upgraded: AM Best
AM Best upgrades the reinsurer's insurer rating to B++ (good) from B+ (good), while also revises its outlook to stable from positive.
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- May 26 2025
QBE Insurance gets rating upgrade on improved underwriting and pricing discipline: S&P Global
The insurer, which reported a COR of 93.1% in 2024, is reducing exposure to peak perils, de-risking exposure to non-core line reserves and plans to run-off non-core middle market business.
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- May 19 2025
Ping An P&C’s underwriting profitability better than domestic peer average: AM Best
AM Best affirms an insurer rating of A (excellent) with a stable outlook.
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- May 16 2025
Tokio Marine Indonesia to sustain strong capital buffers, overall earnings: AM Best
AM Best affirmed its insurer rating of A- (excellent) with a stable outlook.
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- May 15 2025
Philippines’ P&C growth supported by rising demand, stabilised reinsurance capacity: AM Best
However, underwriting performance is subject to greater volatility due to the country's increased nat cat exposure.
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- May 14 2025
Japan’s major non-life insurers’ profitability to improve in short term: AM Best
Tokio Marine, MS&AD and Sompo Holdings are committed to reducing their equity holdings to zero over the next 5-6 years to improve capital efficiency and financial transparency.
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- May 12 2025
Korea P&I club gets rating outlook downgrade as 2024 COR climbs to 204%: AM Best
Rating agency has revised the outlook to negative from stable and affirmed the financial strength rating of B++ (Good) and the long-term ICR of bbb+ (Good) of the club.
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- May 9 2025
Favourable underwriting to help VinaRe deliver strong operating performance: AM Best
Global rating agency affirms financial strength rating of B++ (Good) and long-term issuer credit rating of bbb+ (Good), with a stable outlook for the national reinsurer of Vietnam.
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- May 7 2025
Guoren P&C to maintain capital buffer to support growth, profitable underwriting: Fitch
Fitch affirms insurer rating of BBB+ for the Chinese non-life insurer.
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- May 7 2025
APAC insurers remain resilient amid trade tensions, volatile markets: S&P
However, rising tariffs, market volatility, and currency fluctuations could strain earnings and slow premium growth.
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- April 29 2025
China United Property Insurance to maintain stable underwriting margin: Fitch Ratings
Global ratings agency affirms insurer financial strength rating of BBB+ with a stable outlook.
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- April 24 2025
Shinkong gets rating upgrade on record results, underwriting gains: AM Best
Rating agency upgrades Taiwanese non-life insurer’s rating to a+ (excellent), while reviseing the outlook to stable.
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- April 17 2025
Premium hikes to boost Japan’s big four insurers’ domestic profitability: Moody’s
The profitability will improve gradually supported by fire and motor lines, which account for about 70% of net premiums written by Aioi Nissay Dowa Insurance, Mitsui Sumitomo Insurance, Sompo Japan Insurance and Tokio Marine & Nichido Fire Insurance.
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- April 14 2025
Peak Re’s outlook upgraded to positive on declining contagion risk from Fosun: Moody’s
The rating agency said that it expects the reinsurer's underwriting profitability will remain solid over the next 12-18 months.
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- April 14 2025
Global reinsurers in good stead despite rising nat cat claims, tariff shocks: S&P
The sector will retain 60-65% of its 2025 nat cat budget, providing sufficient capacity to withstand additional events and still meet cost of capital, the rating agency said.
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- April 10 2025
Fitch downgrades five Chinese insurers in line with sovereign rating action
The rating action was on export credit insurer Sinosure and China Taiping Insurance and its three subsidiaries.
