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December 6, 2023
Malaysian Reinsurance remains focused on gradually expanding its overseas business while reducing dependence on local business for growth, says Fitch Ratings. The share of overseas business grew to 52% of gross premiums in the financial year ended 31 March 2023 [FY2023] (FY2022: 48%), overtaking
October 9, 2023
Fitch Ratings has affirmed W. R. Berkley Corporations property/casualty operating subsidiaries Insurer Financial Strength ratings at AA- , its holding company ratings, including the Issuer...
August 10, 2023
Germany's ERGO Group, owned by reinsurance giant Munich Re, has injected CNY882m ($122m) in capital into Taishan Property & Casualty Insurance, raising the insurer's comprehensive solvency ratio to 312% and 282% by end-2022 and end-2Q23, respectively, from 200% in March 2022, notes Fitch Ratings.
February 21, 2023
Fitch Ratings has affirmed the ratings of RenaissanceRe Holdings Ltd. and its subsidiaries, including the Insurer Financial Strength rating of Renaissance Reinsurance Ltd. at 'A+' (Strong) and RNR's s...
October 4, 2022
/PRNewswire/ -- S&P Global Ratings ("S&P") has today assigned a AA foreign currency long-term issuer credit rating to the Arab Bank for Economic Development...
October 4, 2022
/PRNewswire/ -- S&P Global Ratings ("S&P") has today assigned a AA foreign currency long-term issuer credit rating to the Arab Bank for Economic Development...
October 4, 2022
/PRNewswire/ -- S&P Global Ratings ("S&P") has today assigned a AA foreign currency long-term issuer credit rating to the Arab Bank for Economic Development...
October 4, 2022
/PRNewswire/ -- S&P Global Ratings ("S&P") has today assigned a AA foreign currency long-term issuer credit rating to the Arab Bank for Economic Development...
August 12, 2022
The financial performance of Hong Kong-based FWD General Insurance (FWD GI) is expected to continue to improve, despite premium growth volatility from a shifting product mix and pressure on the combined ratio from IT investments, says Fitch Ratings.
April 18, 2022
Malaysia-based Maybank Ageas Holdings Berhad's (MAHB) core operating entities-known collectively as Etiqa entities-have posted a stable financial performance on a consolidated basis, says Fitch Ratings.