China Re Life was once again granted an “A” rating by A.M.Best
Reproduced from: the internal news of China Re Group.
A.M.Best has recently confirmed its ratings of China Re Group and its subsidiaries, China Re P&C, China Re Life and China Continent Insurance, of “A (excellent)” in Financial Strength Rating (FSR) and “A” in long-term Issuer’s Credit Rating (ICR), the rating outlook is stable.
China Re Group, China Re P&C and China Re Life were assigned “A” ratings for eight consecutive years since the commencement of A.M.Best rating in 2010. China Continent Insurance was assigned an “A” rating for four consecutive years since the commencement of A.M.Best rating in 2014.
The excellent ratings not only reflect China Re Group’s strong capital after combined risk adjustment, good operating results and its leading position in the domestic reinsurance market, but also demonstrate the unique position of China Re Group as the only state-owned reinsurance group in China.
A.M.Best is an insurance industry rating agency with global reputation and influence, its rating standards and rating results are widely recognized by the international insurance industry and reinsurance industry.