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Hanwha General Insurance Co Ltd (XKRX:000370) posts record-high new business CSM of KRW327.4 billion and a 45.6% surge in net income, while navigating auto insurance losses and market volatility.
HONG KONG, August 18, 2026--AM Best has affirmed the Financial Strength Rating of A- (Excellent), the Long-Term Issuer Credit Rating of "a-" (Excellent) and the Indonesia National Scale Rating (NSR) of aaa.ID (Exceptional) of PT Lippo General Insurance Tbk. (LGI) (Indonesia). The outlook of these Credit Ratings (ratings) is stable.
HONG KONG, July 24, 2026--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of "a" (Excellent) of Hanwha General Insurance Company Limited (HGI) (South Korea). The outlook of these Credit Ratings (ratings) is stable.
Despite achieving a record-high quarterly performance in new business, Hanwha General Insurance Co Ltd faces profit declines due to one-off factors and increased expenses.
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