A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and assigned an issuer credit rating of “a-” to Wing Lung Insurance Company Limited (WLI) (Hong Kong). The outlook for both ratings is stable. The rating reflects WLI’s …
Standard & Poor’s Ratings Services announced that it has assigned its “BBB+” insurer financial strength and long-term counterparty credit ratings to ING General Insurance Co. Ltd. (ING GIHK) with a stable outlook. “The ratings reflect the company’s strong and consistent …
The insurance division of the Omni Whittington Group is to demerge and will benefit from a major injection of expansion capital. A new holding company, Whittington Group Pte Limited, will be domiciled in Singapore with net assets of more than …
A.M. Best Co. announced that it has affirmed the financial strength rating (FSR) of “A-” (Excellent) and assigned an issuer credit rating (ICR) of “a-” to Hong Kong insurer Dao Heng Insurance Company Limited (DHI) with a stable outlook. “The …
A.M. Best Co. announced that it has affirmed the financial strength rating (FSR) of “A-” (Excellent) and assigned the issuer credit rating (ICR) of “a-” to Hong Kong’s Pacific Century Insurance Company Ltd. (PCI) with a stable outlook. “The ratings …
Standard & Poor’s Ratings Services announced from its Hong Kong office that it has affirmed its “A-” insurer financial strength and counterparty credit ratings on China International Reinsurance Co. Ltd. (CIRe) with a stable outlook . “The ratings reflect the …
The American Insurance Association (AIA) on Friday commended U.S. trade negotiators for their efforts to revive World Trade Organization (WTO) talks and provide hope for the opening of global insurance markets. “We strongly urge other nations to follow the lead …
If you’re one of the diminishing number of people who don’t believe the world is getting warmer, that headline could be spun to read: “Northwest Passage Finally Found.” That would rank right up there with other facetious headlines, such as: …
Standard & Poor’s Ratings Services announced that it has affirmed its “AA-” long-term insurer financial strength and local currency counterparty credit ratings on Hong Kong-based HSBC Insurance (Asia) Ltd., HSBC Life (International) Ltd., and HSBC Medical Insurance Ltd. It said, …
Standard & Poor’s Ratings Services announced from its Hong Kong office that it has revised its outlook on Asia Insurance Co. Ltd. to stable from negative, and affirmed has its “A-” corporate credit rating. “The change in outlook reflects our …
