Korea P&I Club Archives - InsuranceAsia News https://insuranceasianews.com/companies_category/korea-pi-club/ Mon, 26 Aug 2024 09:04:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 Underwriting restructuring to help Korea P&I withstand severe losses: AM Best https://insuranceasianews.com/underwriting-restructuring-to-help-korea-pi-withstand-severe-losses-am-best/ Mon, 26 Aug 2024 08:57:48 +0000 https://insuranceasianews.com/?p=161274 The rating agency has affirmed the carrier's rating of B++ (good) with a stable outlook, driven by a strong balance sheet, adequate operating performance and the wide range of support it receives from the South Korean government.

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Korean protection and indemnity (P&I) insurer Korea P&I Club would be able to withstand potential high-severity losses, unlike earlier, due to its sustained underwriting restructuring initiati...

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The post Underwriting restructuring to help Korea P&I withstand severe losses: AM Best appeared first on InsuranceAsia News.

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