{"id":8943,"date":"2026-05-20T19:15:00","date_gmt":"2026-05-20T17:15:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=7ec3a440f90f81bed09dd7ab6936ff70"},"modified":"2026-05-20T19:15:00","modified_gmt":"2026-05-20T17:15:00","slug":"am-best-affirms-credit-ratings-and-assigns-national-scale-rating-to-asian-reinsurance-corporation","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=8943","title":{"rendered":"AM Best Affirms Credit Ratings and Assigns National Scale Rating to Asian Reinsurance Corporation"},"content":{"rendered":"

SINGAPORE--(BUSINESS WIRE)--#insurance<\/a>--AM Best<\/b> has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of \u201cbbb\u201d (Good) of Asian Reinsurance Corporation (Asian Re) (Thailand). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has assigned the Thailand National Scale Rating (NSR) of aa+.TH (Superior) to Asian Re. The outlook assigned to the NSR is stable.<\/p><\/a><\/a>

\nThe ratings reflect Asian Re\u2019s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).<\/p>

\nAsian Re\u2019s balance sheet strength assessment is underpinned by its risk-adjusted capitalisation, which was at the very strong level at year-end 2025, as measured by Best\u2019s Capital Adequacy Ratio (BCAR), and is expected to remain at that level over the medium term. AM Best views the company as having a relatively modest absolute capital base compared with its reinsurance peers, which increases the sensitivity of its balance sheet to shock events. A significant offsetting balance sheet strength factor remains Asian Re\u2019s high-risk investment strategy, which includes the holding of a sizable balance of cash and deposits in a sanctioned country, as this investment strategy exposes Asian Re to heightened credit and liquidity risks.<\/p>

\nAM Best assesses Asian Re\u2019s operating performance as adequate. The company has reported robust operating performance in recent years, evidenced by a return-on-equity ratio of 8.3% in 2025 (2024: 9.4%). The company recorded a combined ratio of 92.6% in 2025, compared to 85.3% in 2024; the year-on-year increase was primarily driven by several catastrophic events. The company\u2019s investment returns, arising mainly from interest income, have consistently supported operating earnings. Prospectively, AM Best expects Asian Re\u2019s operating performance to be supported by sound underwriting profitability and robust investment returns.<\/p>

\nAM Best views Asian Re\u2019s business profile as limited, reflecting its position as a regional non-life reinsurer, with a modest-sized gross premium base of USD 29 million in 2025. The company writes treaty and facultative business in Asia, the Middle East and Africa. The company continues to grow its book of business, with a focus on improved diversification by geography and line of business. Despite persistent market and regulatory challenges in some of the markets where it operates, Asian Re is expected to continue to implement several strategic initiatives and business partnerships that are aimed at expanding its underwriting portfolio and market presence over the medium term.<\/p>

\nAM Best considers Asian Re\u2019s ERM approach to be appropriate relative to the current size and complexity of its operations. The company continues to develop its risk management framework and has demonstrated improvements in its risk management capabilities over recent years.<\/p>

\nRatings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.<\/b><\/p>

\nThis press release relates to Credit Ratings that have been published on AM Best\u2019s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best\u2019s <\/b>Recent Rating Activity<\/b><\/a> web page. For additional information regarding the use and limitations of Credit Rating opinions, please view <\/b>Guide to Best\u2019s Credit Ratings<\/b><\/a>. For information on the proper use of Best\u2019s Credit Ratings, Best\u2019s Performance Assessments, Best\u2019s Preliminary Credit Assessments and AM Best press releases, please view <\/b>Guide to Proper Use of Best\u2019s Ratings & Assessments<\/b><\/a>.<\/b><\/p>

\nAM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit <\/b>www.ambest.com<\/b><\/a>.<\/b><\/p>

\nCopyright \u00a9 2026 by A.M. Best Rating Services, Inc. and\/or its affiliates. ALL RIGHTS RESERVED.<\/b><\/p> Contacts<\/b>

\nSin Yee Chuah, CFA<\/b>Senior Financial Analyst<\/b>+65 6303 5022<\/b>sinyee.chuah@ambest.com<\/a>\nVictoria Ohorodnyk<\/b>Senior Director, Analytics<\/b>+65 6303 5020<\/b>victoria.ohorodnyk@ambest.com<\/a>\nChristopher Sharkey<\/b>Associate Director, Public Relations<\/b>+1 908 882 2310<\/b>christopher.sharkey@ambest.com<\/a>\nAl Slavin<\/b>Senior Public Relations Specialist<\/b>+1 908 882 2318<\/b>al.slavin@ambest.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

SINGAPORE–(BUSINESS WIRE)–#insurance–AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of \u201cbbb\u201d (Good) of Asian Reinsurance Corporation (Asian Re) (Thailand). The outlook of these Credit Ratings …<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8943","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/8943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8943"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/8943\/revisions"}],"predecessor-version":[{"id":8944,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/8943\/revisions\/8944"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}