Research Update: Chung Kuo Insurance Removed From Watch Negative; 'A-' Rating Affirmed With Stable Outlook - S&P Global Ratings’ Credit Research

Research Update: Chung Kuo Insurance Removed From Watch Negative; 'A-' Rating Affirmed With Stable Outlook

Research Update: Chung Kuo Insurance Removed From Watch Negative; 'A-' Rating Affirmed With Stable Outlook - S&P Global Ratings’ Credit Research
Research Update: Chung Kuo Insurance Removed From Watch Negative; 'A-' Rating Affirmed With Stable Outlook
Published Oct 11, 2022
5 pages (1910 words) — Published Oct 11, 2022
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Taiwan-based Chung Kuo Insurance Co. Ltd.'s capitalization is likely to remain robust for the next two to three years with a planned capital injection and strong commitment from its parent. We affirmed our 'A-' long-term financial strength rating and issuer credit rating on Chung Kuo Insurance and removed them from CreditWatch with negative implications. The stable outlook reflects our expectation that Chung Kuo Insurance will maintain its very strong financial risk profile over the coming one to two years, as well as a prudent investment strategy and manageable foreign exchange risk exposure. S&P Global Ratings today affirmed its 'A-' long-term financial strength rating and issuer credit rating on Chung Kuo Insurance Co. Ltd. and removed them from CreditWatch with negative

  
Brief Excerpt:

...Research Update: Chung Kuo Insurance Removed From Watch Negative; 'A-' Rating Affirmed With Stable Outlook...

  
Report Type:

Research Update

Ticker
2819@TT
Issuer
GICS
Property & Casualty Insurance (40301040)
Sector
Global Issuers
Country
Region
Emerging Markets
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Chung Kuo Insurance Removed From Watch Negative; 'A-' Rating Affirmed With Stable Outlook" Oct 11, 2022. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Chung-Kuo-Insurance-Removed-From-Watch-Negative-A-Rating-Affirmed-With-Stable-Outlook-2901444>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Chung Kuo Insurance Removed From Watch Negative; 'A-' Rating Affirmed With Stable Outlook Oct 11, 2022. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Chung-Kuo-Insurance-Removed-From-Watch-Negative-A-Rating-Affirmed-With-Stable-Outlook-2901444>
  
US$ 225.00
$  £  €
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