Fubon Life Insurance Co. Ltd. Ratings Affirmed At 'A-'; Outlook Stable - S&P Global Ratings’ Credit Research

Fubon Life Insurance Co. Ltd. Ratings Affirmed At 'A-'; Outlook Stable

Fubon Life Insurance Co. Ltd. Ratings Affirmed At 'A-'; Outlook Stable - S&P Global Ratings’ Credit Research
Fubon Life Insurance Co. Ltd. Ratings Affirmed At 'A-'; Outlook Stable
Published Aug 02, 2019
3 pages (1500 words) — Published Aug 02, 2019
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

Fubon Life continues to dominate the consolidated credit profile of the Fubon FHC group, contributing a large part of the group's capital and asset base and acting as one of the group's core subsidiaries. Fubon Life has ranked as the second or third largest life insurer by total premiums in Taiwan over the past few years and has good control of its distribution channels, as well as above-average earning stability and good underwriting risk controls. We also view the insurer's capitalization and investment risk exposure to be close to the industry average. We are affirming our 'A-' insurer financial strength and issuer credit ratings on Fubon Life. The outlook is stable to reflect our expectation that Fubon Life will maintain

  
Brief Excerpt:

...August 2, 2019 - Fubon Life continues to dominate the consolidated credit profile of the Fubon FHC group, contributing a large part of the group's capital and asset base and acting as one of the group's core subsidiaries. - Fubon Life has ranked as the second or third largest life insurer by total premiums in Taiwan over the past few years and has good control of its distribution channels, as well as above-average earning stability and good underwriting risk controls. We also view the insurer's capitalization and investment risk exposure to be close to the industry average. - We are affirming our 'A-' insurer financial strength and issuer credit ratings on Fubon Life. - The outlook is stable to reflect our expectation that Fubon Life will maintain its strong business position in the local market and better earnings resilience compared with local peers over the next one to two years. TAIPEI (S&P Global Ratings) Aug. 2, 2019--S&P Global Ratings said today it had affirmed its 'A-' long-term...

  
Report Type:

Ratings Action

Ticker
FULZ@TT
Issuer
GICS
Life & Health Insurance (40301020)
Sector
Global Issuers
Country
Region
Emerging Markets
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Fubon Life Insurance Co. Ltd. Ratings Affirmed At 'A-'; Outlook Stable" Aug 02, 2019. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Fubon-Life-Insurance-Co-Ltd-Ratings-Affirmed-At-A-Outlook-Stable-2276378>
  
APA:
S&P Global Ratings’ Credit Research. (). Fubon Life Insurance Co. Ltd. Ratings Affirmed At 'A-'; Outlook Stable Aug 02, 2019. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Fubon-Life-Insurance-Co-Ltd-Ratings-Affirmed-At-A-Outlook-Stable-2276378>
  
US$ 150.00
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