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Fitch said it has affirmed at B+ (Weak) the insurer financial strength (IFS) ratings of the Bulgarian and Romanian non-life insurers of Euroins Insurance G
Fitch has downgraded Sri Lanka Insurance Corporation Limited's (SLIC) insurer Financial Strength (IFS) Rating to 'CC', from 'CCC+', and has placed the rating on watch for downgrade due to risk from forex shortages from a broken soft-peg.
The non-life combined ratio of Reasuransi Indonesia Utama (Indonesia Re) increased to 107.5% in 2021 (2020 audited: 104%) due to higher claims from its fire, health, credit life, and credit insurance businesses and a reserve top-up, while premiums declined, notes Fitch Ratings Indonesia.