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).
FWD maintains stable VNB margin at 60.2%
FWD maintains stable VNB margin at 60.2%
Its value of new business (VNB) grew by 21.9% in 2023.
Korean insurers' profitability bolstered by strong CSM release
Insurers saw a 46% increase in net profits, attributed to the adoption of IFRS17.
Cathay Life's capitalisation robust ahead of 2026 standards
The insurer holds a 21.3% market share of premiums in 2023,
Japanese non-life overseas operations seen to temper domestic underwriting
The country’s big three non-life players saw their profits surge in FYE24.
Japanese insurers take sound approach toward ESG goals: Fitch Ratings
Insurers may invest in ESG assets only when they offer attractive risk-return profile.
Fubon Life maintains stable outlook: Fitch Ratings
The insurer could use overseas instruments as risk mitigation leverage.
Korean construction insurer maintains strong capital
KFINCO's profitability is considered modest, with a return on equity of 2.0% in 2023.
bolttech maintains a low investment risk profile: Fitch Ratings
Its local solvency ratio was 509% at the end of 2023.
Japanese life insurers to maintain strong credit in FY2025
Fitch Ratings expects insurers' capital adequacy to stay adequate.
Tk.cn Insurance to sustain growth with Taikang backing
The insurer reported three consecutive years of positive net operating profits.
Chinese insurers to benefit from bancassurance rule-lift
The removal of the rule is seen to increase premium growth.
Corebidge acquisition could catapult Nippoin Life’s profitability
Fitch projects an increase in consolidated core profit by ~$580m.
Improvement in underwriting bolsters Taiwan Life's outlook
Earnings may remain volatile due to the high proportion of interest-sensitive products.
Indonesia's vehicle sales drop risks finco asset quality
Fitch expects finco sector receivables to grow at a high-single-digit rate in 2024.
Chinese life insurers cut projections amidst low-interest concerns
Insurers reduced pricing interest rates on traditional products, aiming to lower guaranteed liability costs.
Credit insurance drives BRI's premium increase: Fitch Ratings
The insurer holds a 3% market share in Indonesia’s non-life industry, as of 2023.
Korean insurers immune from overseas CRE decay: Fitch Ratings
Fitch believes robust capitalisation will enable insurers to absorb shocks from losses.