Chung Kuo Insurance's operating size is smaller but has a stronger presence in commercial line business compared with similarly rated peers in the domestic property and casualty insurance market. We also view Chung Kuo Insurance's capital and earnings to be very strong and we expect the insurer to maintain adequate investment management over the next one to two years. On Sept. 24, 2019, S&P Global Ratings affirmed its 'A-' long-term insurer financial strength and issuer credit ratings on Chung Kuo Insurance. The outlook is stable to reflect our view that Chung Kuo Insurance will maintain its very strong capital and earnings as well as a prudent investment strategy over the next one to two years. S&P Global Ratings today affirmed