Research Update: Fubon Financial Holding And Fubon Life Insurance Ratings Affirmed On Sustained Capital Buffer; Outlook Stable - S&P Global Ratings’ Credit Research

Research Update: Fubon Financial Holding And Fubon Life Insurance Ratings Affirmed On Sustained Capital Buffer; Outlook Stable

Research Update: Fubon Financial Holding And Fubon Life Insurance Ratings Affirmed On Sustained Capital Buffer; Outlook Stable - S&P Global Ratings’ Credit Research
Research Update: Fubon Financial Holding And Fubon Life Insurance Ratings Affirmed On Sustained Capital Buffer; Outlook Stable
Published Oct 26, 2023
6 pages (2536 words) — Published Oct 26, 2023
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Fubon Life Insurance Co. Ltd. can maintain its satisfactory financial strength over the coming two years, in our view, with support from above-average profitability and adequate capital accumulation. We believe the Taiwan-based life insurer can manage its somewhat elevated investment risk, which is not likely to result in extreme volatility for its capital and earnings over the next one to two years. The credit profile of Fubon Life continues to drive the Fubon Financial Holding Co. Ltd. (Fubon FHC) group credit profile, given that the insurer is the key and flagship company of the group. We affirmed the 'A-' long-term local currency issuer credit rating and financial strength rating on Fubon Life. At the same time, we affirmed the 'BBB+'

  
Brief Excerpt:

...- Fubon Life Insurance Co. Ltd. can maintain its satisfactory financial strength over the coming two years, in our view, with support from above-average profitability and adequate capital accumulation. - We believe the Taiwan-based life insurer can manage its somewhat elevated investment risk, which is not likely to result in extreme volatility for its capital and earnings over the next one to two years. - The credit profile of Fubon Life continues to drive the Fubon Financial Holding Co. Ltd. (Fubon FHC) group credit profile, given that the insurer is the key and flagship company of the group. - We affirmed the 'A-' long-term local currency issuer credit rating and financial strength rating on Fubon Life. At the same time, we affirmed the '###+' long-term and 'A-2' short-term issuer credit ratings on Fubon FHC. - The outlook on the long-term ratings is stable, reflecting our expectation that Fubon Life will continue to drive the group credit profile and maintain a stable stand-alone credit...

  
Report Type:

Research Update

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. "Research Update: Fubon Financial Holding And Fubon Life Insurance Ratings Affirmed On Sustained Capital Buffer; Outlook Stable" Oct 26, 2023. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Fubon-Financial-Holding-And-Fubon-Life-Insurance-Ratings-Affirmed-On-Sustained-Capital-Buffer-Outlook-Stable-3076685>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Fubon Financial Holding And Fubon Life Insurance Ratings Affirmed On Sustained Capital Buffer; Outlook Stable Oct 26, 2023. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Fubon-Financial-Holding-And-Fubon-Life-Insurance-Ratings-Affirmed-On-Sustained-Capital-Buffer-Outlook-Stable-3076685>
  
US$ 225.00
$  £  €
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