Cathay Century Insurance Company Archives - InsuranceAsia News https://insuranceasianews.com/companies_category/cathay-century-insurance-company/ Fri, 06 Sep 2024 07:16:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 Cathay Century’s capitalisation to benefit from retained earnings growth: AM Best https://insuranceasianews.com/cathay-centurys-capitalisation-to-benefit-from-retained-earnings-growth-am-best/ Fri, 06 Sep 2024 07:16:28 +0000 https://insuranceasianews.com/?p=162208 AM Best affirms the financial strength rating of "A" (Excellent) and the long-term issuer credit rating of “a” (Excellent) on Taiwan's second-largest non-life insurer with a stable outlook.

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Cathay Century Insurance is expected to maintain its “robust” level of risk-adjusted capitalisation supported by organic growth in retained earnings on the back of controlled expansion in underwriting...

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]]> Taiwanese insurers set to debut dedicated EV insurance in July: report https://insuranceasianews.com/taiwanese-insurers-set-to-debut-dedicated-ev-insurance-in-july-report/ Tue, 25 Jun 2024 23:00:22 +0000 https://insuranceasianews.com/?p=156779 Cathay Century Insurance, MSIG Mingtai, Shinkong Insurance, Union Insurance, and Taian insurance are preparing to launch the specialised cover with premiums at 5-10% higher than conventional gas-powered cars.

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Several Taiwanese insurers including Cathay Century Insurance, MSIG Mingtai and  Shinkong Insurance are preparing to launch dedicated electric vehicle (EV) insurance in July, with premium expected to ...

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]]> Cathay Century returns to profitability in 2023 on strong premium growth, lower claims https://insuranceasianews.com/taiwans-cathay-century-insurance-returns-to-profitability-in-2023-on-strong-direct-premium-growth/ Mon, 18 Mar 2024 23:12:10 +0000 https://insuranceasianews.com/?p=148725 Taiwan's second largest non-life insurer's premiums written grew 14.5% to US$1bn while claims payout dropped 22%.

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Cathay Century Insurance, Taiwan’s second-largest P&C insurer, reported a turnaround to profitability for the full year of 2023, helped by growth in its premiums and a drop in claims payout.
The c...

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The post Cathay Century returns to profitability in 2023 on strong premium growth, lower claims appeared first on InsuranceAsia News.

]]> Cathay Century to sustain turnaround as motor revenues pick up: AM Best https://insuranceasianews.com/cathay-century-to-sustain-turnaround-as-motor-revenues-pick-up-am-best/ Fri, 29 Sep 2023 04:19:59 +0000 https://insuranceasianews.com/?p=135473 The global rating agency has affirmed an insurer rating of A (excellent) for the Taiwanese P&C player with a stable outlook.

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Taiwan P&C insurer Cathay Century Insurance will sustain its underwriting profitability going forward as its key business line - voluntary motor - has gathered momentum, AM Best said. The company ...

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The post Cathay Century to sustain turnaround as motor revenues pick up: AM Best appeared first on InsuranceAsia News.

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