Nan Shan General Insurance seen to maintain asset mix to boost investment returns

A credit rating agency sees Nan Shan General Insurance Co., Ltd. to keep its asset mix while working on increasing investment returns.

AM Best said Nan Shan General Insurance Co., Ltd. is seen to maintain its current strategy as aims to boost investment earnings. 

In its latest report, the credit rating agency noted Nan Shan General Insurance's investment portfolio focuses on domestic low-risk fixed-income securities, with moderate exposure to domestic equity securities.

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AM Best expects the company to continue this "with an aim to boost overall investment returns."

Nan Shan General Insurance’s bond portfolio has been a stable source of interest income, which partially offset volatility in equity investments during 2023. 

Last year, the company had positive operating results, partly due to the release of reserves provisions for pandemic insurance claims and positive investment performance.