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AM Best Affirms Credit Ratings of South China Insurance Co., Ltd.

AM Best Affirms Credit Ratings of South China Insurance Co., Ltd.
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AM Best Affirms Credit Ratings of South China Insurance Co., Ltd.

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of South China Insurance Co., Ltd.. The outlook of these Credit Ratings is stable. South China Insurance continues to be profit generating in 2020 and as of the third quarter of 2021, supported by positive underwriting and investment results. ....

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AM Best Affirms Credit Ratings of South China Insurance Co., Ltd.

Press release content from Business Wire. The AP news staff was not involved in its creation.
AM Best Affirms Credit Ratings of South China Insurance Co., Ltd.
January 15, 2021 GMT
HONG KONG (BUSINESS WIRE) Jan 15, 2021
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of South China Insurance Co., Ltd. (South China Insurance) (Taiwan). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect South China Insurance’s balance sheet strength, which AM Best categorises as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. ....

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