贝氏调高中再香港评级至A 调整长期发行人信用评级展望为正面

2021年06月24日

  6月17日,贝氏评级机构确认将中国再保险(香港)股份有限公司的财务实力评级(FSR)由A-(优秀)”提升为” A(优秀)”;将长期发行人信用评级(ICR)由“a-(优秀)”提升为“a(优秀)”。同时,贝氏确认将中再香港长期发行人信用评级(ICR)展望由“稳定”提升为“正面”,财务实力评级(FSR)展望维持稳定。

  本次中再香港评级水平的提升反映出中再集团“非常强劲”的财务实力、良好的经营表现以及与之相匹配的风险管理水平。同时,中再香港作为中再集团在海外唯一人寿保险子公司,对于中再集团的国际化发展起到了至关重要的战略作用。

  自2019年开业以来,中再香港得到了来自其全资母公司中国人寿再保险有限责任公司在资本、品牌影响力、业务发展、投资、风险管理及业务运营各方面的支持。今年6月,中再香港获得来自母公司中再寿险20亿港币(约2.58亿美元)的注资,以支持公司未来的业务增长、维持稳健的偿付能力充足率。贝氏预计,未来中再寿险将继续致力于提供资本支持以满足中再香港业务扩张需求,增强中再集团在全球再保险市场的影响力,实现业务多元化。

  后续,中再香港将作为中国再保险(集团)股份有限公司(“中再集团”)评级单位成员,与集团的评级水平保持一致。

  On 17 June, 2021 (Beijing Time), AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of China Reinsurance (Hong Kong) Company Limited (“China Re HK”). At the same time, the outlook of the Long-Term ICR has been adjusted to positive from stable, whilst the outlook of the FSR is stable.

  The ratings reflect China Re Group’s balance sheet strength, which A.M. Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. The ratings also reflect China Re HK’s global strategic importance to and integration within China Re Group, as its only overseas life reinsurance subsidiary. Since opening in 2019, China Re HK has obtained the implicit and explicit support from its immediate parent, China Life Reinsurance Company Limited ("China Re Life"), including capital, brand recognition, business development, investment, risk management and operational support. In June 2021, China Re HK has been provided with a capital injection of HKD 2 billion (USD 258 million) from China Re Life to support the company’s future business growth and maintain a healthy capitalization level. Going forward, A.M. Best expects China Re Life will remain committed to provide financial supports in the future to satisfy China Re HK’s business expansion needs.

  These rating actions follow AM Best’s assessment of China Re HK being a newly added member of the group’s lead rating unit, China Reinsurance (Group) Corporation (“China Re Group”).