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AM BEST AFFIRMS CREDIT RATINGS OF VIETNAM'S FUBON

AM BEST AFFIRMS CREDIT RATINGS OF VIETNAM'S FUBON

SINGAPORE, Dec 11 (Bernama) — AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Fubon Insurance Vietnam Co Ltd. The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Fubon Vietnam’s balance sheet strength, which AM

New group capital rule, to boost Hong Kong insurance market

HONG KONG, Sept 7 (Bernama) — AM Best believes Hong Kong’s proposed Group Capital Rule (GCR) will be beneficial to the group-wide risk and capital management culture of insurance entities. A new Best’s Commentary, titled, “New Group Capital Rule to Boost Hong Kong Insurance Market,” states that the proposed

AM BEST assigns stable outlook to Taiwan's non-life insurance industry

HONG KONG, Sept 4 (Bernama) — AM Best has assigned a market segment outlook of stable to Taiwan’s non-life insurance market, citing consistent favourable underwriting and investment performances, as well as the strong capitalisation of Taiwan’s non-life insurers, despite some negative impacts from the COVID-19 pandemic. The new Best’