News Risk Management24 Sep 2024

APAC:More rating upgrades than downgrades for region's (re)insurers in 2023 amid geopolitical uncertainty

| 24 Sep 2024

The number of Long-Term Issuer Credit Rating (Long-Term ICR) upgrades exceeded the number of downgrades for AM Best-rated Asia Pacific (APAC) (re)insurers in 2023, driving predominantly by improved balance sheet strength and favourable operating performance, according to a new AM Best report.

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