Standard & Poor's Ratings Services on Wednesday said it kept the credit ratings of 18 insurers in Asia Pacific which underwent review after the debt-watcher changed its criteria for such firms.
In a statement, S&P said it "has reviewed its ratings on 18 life insurance companies, insurance holding companies and some of their related entities in the Asia-Pacific region."
"All ratings are affirmed," it added.
These companies are:
Pacific
Manchester Unity Friendly Society
MetLife Insurance Ltd.
National Wealth Management Holdings Ltd.
ANZ Wealth Australia Ltd.
Medical Insurance Society Ltd.
Medical Life Assurance Society Ltd.
Medical Securities Ltd.
Hallmark Life Insurance Co. Ltd.
Hallmark Life Insurance Co. Ltd. (New Zealand Branch)
Colonial Holding Co. Ltd.
Zurich Australia Ltd.
Asia (excluding Japan)
Hang Seng Insurance Co. Ltd.
HSBC Insurance (Singapore) Pte. Ltd.
HSBC Life (International) Ltd.
Nan Shan Life Insurance Co. Ltd.
NTUC Income Insurance Co-operative Ltd.
Thai Life Insurance Public Co. Ltd.
Taiwan Life Insurance Co. Ltd.
S&P said it will soon publish specific analytic reports for each of the companies. — SOA/VS, GMA News
source: gmanetwork.com
