Ping An's NBV shoots up by 45% in the first half of 2023

Published on September 1, 2023
Ping An Insurance (Group) Co of China, the country's largest insurer by capitalisation, has announced that its Life & Health new-business value (NBV) amounted to CNY25,960m ($3.56bn) in the first
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China Re posts surge of 464% in net profit for 1H2023

September 1, 2023
Chinese reinsurance giant, China Re, has reported a net profit of CNY2.07bn ($284m) for the first six months of this year, more than 400% higher than that posted for the first half of 2022, according

Patria Re assigned FSR of B++ by AM Best

September 1, 2023
Patria Re (US), Inc., a relatively new reinsurer in the United States, has been assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good) by AM Best, with a stable outlook.The global ratings agency says that the ratings reflect Patria US’ balance sheet strength which has been assessed as strong, as well as its adequate operating performance, limited b