Rating Actions Taken On Six HSBC Insurance Subsidiaries - S&P Global Ratings’ Credit Research

Rating Actions Taken On Six HSBC Insurance Subsidiaries

Rating Actions Taken On Six HSBC Insurance Subsidiaries - S&P Global Ratings’ Credit Research
Rating Actions Taken On Six HSBC Insurance Subsidiaries
Published Dec 21, 2007
736 words — Published Dec 21, 2007
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About This Report

  
Abstract:

HONG KONG (Standard&Poor's) Dec. 21, 2007--Standard&Poor's Ratings Services said today that it had taken rating actions on six insurance subsidiaries of HSBC Insurance Holding (Asia-Pacific) Ltd., which is ultimately owned by Hongkong and Shanghai Banking Corp. Ltd. (HSBC Asia-Pacific; AA/Stable/A-1+). Standard&Poor's assigned its 'A+' local currency insurer financial strength and counterparty credit ratings to Hang Seng General Insurance (Hong Kong) Ltd. The outlook is stable. Standard&Poor's affirmed the 'A+' local currency insurer financial strength and counterparty credit ratings on Hang Seng Insurance Co. Ltd. The outlook is stable. We also affirmed the 'AA' local currency insurer financial strength and counterparty credit ratings on HSBC Insurance (Asia) Ltd. and HSBC Life (International) Ltd.

  
Brief Excerpt:

RESEARCH Rating Actions Taken On Six HSBC Insurance Subsidiaries Publication date: 21-Dec-2007 Primary Credit Analyst: Connie Wong, Hong Kong (852) 2533-3553; connie_wong@standardandpoors.com Secondary Credit Analysts: Paul Clarkson,...

  
Report Type:

Ratings Action

Ticker
HSICLZ@HK
Issuer
Hang Seng Insurance Co. Ltd.
GICS
Multi-line Insurance (40301030)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Hong Kong
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Rating Actions Taken On Six HSBC Insurance Subsidiaries" Dec 21, 2007. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Rating-Actions-Taken-On-Six-HSBC-Insurance-Subsidiaries-622120>
  
APA:
S&P Global Ratings’ Credit Research. (). Rating Actions Taken On Six HSBC Insurance Subsidiaries Dec 21, 2007. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Rating-Actions-Taken-On-Six-HSBC-Insurance-Subsidiaries-622120>
  
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