Construction Guarantee - Korea Archives - InsuranceAsia News https://insuranceasianews.com/companies_category/construction-guarantee-korea/ Tue, 05 Mar 2024 09:52:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 Fitch cuts Construction Guarantee’s outlook to stable on member firm’s debt woes https://insuranceasianews.com/fitch-cuts-construction-guarantees-outlook-to-stable-on-member-firms-debt-woes/ Tue, 05 Mar 2024 09:52:00 +0000 https://insuranceasianews.com/?p=147890 The rating agency has maintained its "A" rating due in part to its strong underwriting performance. Its combined ratio averaged 62% during FY 2020-2022.

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South Korea's surety underwriter Construction Guarantee’s rating outlook has been downgraded to stable, from positive, after one of its member firms Taeyoung Engineering & Construction reported a ...

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The post Fitch cuts Construction Guarantee’s outlook to stable on member firm’s debt woes appeared first on InsuranceAsia News.

]]> Korean carrier Construction Guarantee’s rating outlook revised to positive on strong underwriting performance: Fitch https://insuranceasianews.com/korean-carrier-construction-guarantees-rating-outlook-revised-to-positive-on-strong-underwriting-performance-fitch/ Tue, 14 Nov 2023 08:42:14 +0000 https://insuranceasianews.com/?p=138308 The rating agency assigned an insurer rating of 'A' (strong) and said the company will maintain its underwriting returns and capital position in FY 2023 .

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Korean insurer Construction Guarantee (CG) will maintain its strong underwriting performance and capital position in FY 2023, Fitch Ratings said. The company reported an average combined ratio of 62% ...

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The post Korean carrier Construction Guarantee’s rating outlook revised to positive on strong underwriting performance: Fitch appeared first on InsuranceAsia News.

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