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).
Indonesian insurers’ old-school thinking holds back sector
Indonesian insurers’ old-school thinking holds back sector
The industry must digitise to tap the nation’s vast Gen Z and millennial consumers.
ABCI maintains solid capital with reinsurance support in 2023
The regulatory solvency ratio stood at 339%, above the 100% minimum.
Asei's capital ratio falls amid high claims
Its risk-based capital ratio dropped to 208% by the end of June.
Co-operative Insurance boosts governance, eyes profit
It also appointed a new CEO early this year to boost efforts.
People's Insurance invests heavily in fixed-income
Its combined ratio also showed mid-year recovery.
Continental Insurance’s health segment better than peers despite pressures
The segment contributed 32% of total GWP last year.
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.