A.M. Best Affirms Credit Ratings of China Taiping Insurance (Singapore) Pte. Ltd.

SINGAPORE–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of China Taiping Insurance (Singapore) Pte. Ltd. (CTIS) (Singapore), a wholly owned subsidiary of China Taiping Insurance Holdings Company Ltd. The outlook of these Credit Ratings (ratings) is stable. The ratings reflect CTIS’ track record of strong earnings and solid risk-adjusted capitalization. CTIS has recorded good underwriting results despite chal