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AM Best Affirms Credit Ratings of South China Insurance Co., Ltd.

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of South China Insurance Co., Ltd.. The outlook of these Credit Ratings is stable. South China Insurance continues to be profit generating in 2020 and as of the third quarter of 2021, supported by positive underwriting and investment results.
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AM Best Affirms Credit Ratings of National Indemnity Company and Its Affiliates

AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aaa” of National Indemnity Company and its affiliates. These companies are subsidiaries of Berkshire Hathaway Inc.. The outlook of these Credit Ratings is stable.
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AM Best Removes From Under Review With Negative Implications, Downgrades Credit Ratings of PT Asuransi Jasa Indonesia

AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to C from B and the Long-Term Issuer Credit Rating to“ ccc+” from“ bb+” of PT Asuransi Jasa Indonesia. The ratings of Asuransi Jasindo were placed under review with negative implications on 19 May 2021, following a significant deterioration in the company’...
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AM Best Affirms Credit Ratings of Hong Leong Insurance (Asia) Limited

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Hong Leong Insurance Limited. The outlook of these Credit Ratings is stable. The ratings reflect HLIA’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate...
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AM Best Affirms Credit Ratings of Berkshire Hathaway Homestate Insurance Company and Its Affiliates

AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aa+” of Berkshire Hathaway Homestate Insurance Company and its five property/casualty affiliates. The positive rating factors are offset somewhat by challenging market conditions and its business profile, which remains modestly concentrated in the workers’...
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