DBI is one of the leading property&casualty (P&C) insurers in Korea with a strong business franchise and extensive distribution channels that underpin its earnings stability. We expect DBI's consolidated capital position to remain sound reflecting moderate business growth and stable investment allocation. We are affirming our 'A' long-term issuer credit and financial strength ratings on the company. The stable outlook reflects our view that DBI will sustain its well-established business presence and the current capitalization over the next one to two years. On Aug. 26, 2019, S&P Global Ratings affirmed its 'A' long-term issuer credit and financial strength ratings on Korea-based DB Insurance Co. Ltd. (DBI). The outlook is stable. The stable outlook reflects our view that DBI
