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.
Income Insurance's risk diversification tempers capital charges
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.
Global reinsurers increase natural catastrophe exposure by 14%
In 2023, global insured losses from natural catastrophes reached $108b.
China Pacific Insurance poised for stable outlook in the next two years
CPPIC is expected to remain a core subsidiary of CPIC Group.
Hollard Australia’s capital remains solid until 2026
It will also benefit from its acquisition of Commonwealth Insurance.
Top APAC insurers see market cap growth of Q2 2024
China Life Insurance led with a 9% growth during the period.
Chubb Australia to recover gradually after 2022 investment losses
Its reputation is expected to remain strong, S&P Global Ratings said.
Chubb New Zealand to adjust capital strategy within 24 months
It is also expected to receive substantial support from its parent.
China Re to expand role in agri and catastrophe coverage
The group is also likely to continue its international expansion.
MSI China’s capital buffers stay healthy in 2024
The insurer's Japanese-related business will continue to drive its underwriting profit.
Sompo China secures strong solvency amid dividends
In 2024, it paid $8.6m in dividends, representing 80% of its 2023 earnings.
ZAIL's outlook stable, reflects parent Zurich Insurance's status
ZAIL’s capital adequacy remains strong at the 99.99% stress level.
Income Insurance under credit watch after Allianz announcement
S&P Global said it could downgrade the Singaporean insurer.
HK insurers may need capital boosts due to new rules
The new regime could be costly for insurers.
Chubb Life to focus on steady profit in Asia
This is supported by stable business growth and risk control in Hong Kong market.
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