S&P Global Ratings

S&P Global Ratings is an American credit rating agency. It is considered the largest of the Big Three credit-rating agencies, which also include Moody's Investors Service and Fitch Ratings. It publishes financial research and analysis on stocks, bonds, and commodities.

Top 50 list shows recovery in Hong Kong’s insurance premiums

Only four segments in the top 10, all life insurers, posted growth in 2023.

Allianz Australia’s RAA acquisition to boost market position: S&P

Allianz Australia’s capital adequacy is not expected to be affected by this.

Cyber insurance premiums to hit $23b by 2026

S&P anticipates APAC to have one of the fastest growth rates.

Reinsurers set for strong earnings through 2026

There is a growing appetite for tail-risk protection amidst severe NatCat events.

China Pacific Insurance’s conservative pivot strengthens earnings: S&P

It has reduced its high-risk asset holdings from 48% to 24% of its investment portfolio.

Allianz Australia's capital adequacy to remain strong

Thanks to removal of certain non-life liability adjustments, deferred acquisition cost deductions.

China Taiping set to maintain strong market position

The group reported $10.51b in outstanding debt as of June, down from $11.90b last year.

Hurricane Milton could add to insurers’ $60b NatCat losses in 2024

Global reinsurers could see their claims payouts rise.

IFRS 17 pushes Korean insurers towards lower-risk products

S&P notes that insurers have been preparing by investing in long-dated bonds.

Chinese insurers shift to floating-return products amidst risks

Its P&C sector is under strain due to market volatility.

Global risks could squeeze Asia Insurance's profits

Underwriting profits are expected to narrow over the next two years.

China's insurers adjust risk control amidst lower returns

P&C insurers’ underwriting margins may shrink further.

Income Insurance's risk diversification tempers capital charges

On a stand-alone basis, it is expected to keep a strong business presence in SG.

S&P warns of strained profitability for insurers due to climate events

Last year was the fourth straight year insured losses surpassed $100b globally.

Reinsurers urged to discipline performance amidst casualty risks

Combined ratio forecasted to remain between 92% and 96% in 2024 to 2025. 

Nan Shan Life's investment strategy solid across currencies

S&P also expects the insurer to maintain its current investment risk exposure.