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Central Re to maintain earnings at very strong level: S&P

Posted On: Nov. 2, 2022 9:39 AM CST

U.S.-based S&P Global Ratings Inc. expects Taiwanese reinsurer Central Reinsurance Corp. will maintain its credit profile over the coming two years through satisfactory underwriting profits, proactive capital planning, and prudent control over investment risk exposure, Asia Insurance Review reported. The company's upcoming capital-raising plan, expected to be completed before the end of 2022, will reinstate the reinsurer’s capitalization to its pre-COVID-19 level.

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