Asia Pacific re/insurers saw more rating upgrades than downgrades in 2023, says AM Best
Reinsurance News - Sep 24, 2024
Long-Term Issuer Credit Rating (Long-Term ICR) upgrades exceeded downgrades for AM Best-rated Asia-Pacific re/insurers in 2023, primarily driven by improved balance sheet strength and favorable operating performance. A new report released by AM Best reveals that eight Long-Term ICRs were upgraded in...
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