China Re Group and its subsidiaries receive "A" rating from Bayes
|source: 浏览次数： Release time: January 9, 2019Views:|
Recently, AM Best confirmed that the financial strength rating and long-term issuer credit rating (ICR) of China Re Group and its subsidiaries China Re Property Insurance, China Re Life Insurance, China Land Insurance are "A (Excellent)" and "a ", The rating outlook is stable.
Since China Re Group, China Re Property Insurance and China Re Life Insurance launched the AM Best rating in 2010, they have received "A" ratings for nine consecutive years. China Land Insurance has received an "A" rating for five consecutive years since it launched the AM Best rating in 2014.
The excellent rating reflects China Re's "very strong" balance sheet strength, good operating performance and its leading position in the domestic reinsurance market, and it also reflects China Re's unique status as the only state-owned reinsurance group in China.
Bayes Ratings is an insurance industry rating agency with a global reputation and influence. Its rating standards and results have been widely recognized by the international insurance and reinsurance industries.
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