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AM Best Places Credit Ratings of Cathay Century Insurance Company Limited Under Review With Negative Implications

AM Best has placed under review with negative implications the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Cathay Century Insurance Company Limited. This Credit Rating action is in view of the company’ s exposure to potentially significant claims related to pandemic insurance policies amid the deteriorated COVID-19.

Conning: Significant Jump In ESG Investing Engagement Among Insurers

The interest of U.S. insurance companies in incorporating Environmental, Social and Governance factors into their investment strategies grew significantly in the past two years, according to a new survey by leading global insurance asset management firm Conning, which polled decision-makers at U.S. life and P&C insurers. While U.S. insurers have long.

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