Fitch Ratings

Fitch Ratings is a credit ratings provider. The company also provides commentary, market analysis, and research for global capital markets.

It is considered on of the Big Three credit ratings agencies, alongside Moody's and Standard & Poor's (S&P).

People's Insurance invests heavily in fixed-income

Its combined ratio also showed mid-year recovery.

AXA expected to sustain strong financial performance in next 12 months

AXA's capital strength remains solid, with a Solvency II ratio of 227%.

China's insurance reforms aim to support smaller insurers

However, larger insurers continue to dominate the market.

Artarindo's premium retention lags behind industry

However, its profitability is expected to remain stable.

Hanwha Life strengthens leverage post-debt redemption

The insurer’s solvency capital ratio under K-ICS was 183.8% in 2023

Japanese life insurers poised for earnings growth

Though other insurers have weaker profiles due to smaller operations, business diversification

Mega Insurance seen to shift reinsurance strategy amidst domestic concerns

Its investment portfolio has been 90% cash equivalents and fixed-income securities.

China life insurers faced narrowing margins in 2023

Under C-ROSS phase 2 insurers are expected to exercise caution with investments.

Robust capital aids premium growth in China

Companies with higher IFS Ratings typically exhibit more stability.

High interest rates threaten Korean insurers' profitability

The profitability of Korean non-life generally falls below the ratio guidelines.

Fukoku Life's solvency ratio expected to reach 300%

Positive investment spread will continue to widen over the next 3-5 years.

Shin Kong Life sees solvency boost from parent company’s aid

Fitch expects SKL’s solvency position to stabilise further with an additional $0.43b.