Post by account_disabled on Dec 24, 2023 4:43:00 GMT 1
Fitch Ratings announces financial strength rating outlook revision "Thai Life Insurance" is trending stable. and maintains its domestic financial strength rating at AAA(tha). Fitch Ratings announces financial strength rating outlook revision "Thai Life Insurance" is trending stable. and maintains its domestic financial strength rating of AAA(tha), the highest level in the Thai business sector. Indicating high and strong capital funds Results from good management along with a prudent and efficient investment policy Mrs. Warang Chaiyawan, Director and Senior Executive Vice President, Thai Life Assurance Public Company Limited, revealed that Thai Life Assurance aims to conduct business towards being the answer to all life insurance or Life Solutions,
with emphasis on developing work in all areas. creating Phone Number List financial stability and good risk management To build confidence among the company's insureds There are currently more than 4 million people. Focusing on financial stability has resulted in the year 2021, the global financial credit rating agency Fitch Ratings has announced an adjustment of the outlook for the national financial strength rating (National IFS Ratings) and the rating. The Company's Insurer Financial Strength Ratings (IFS Ratings) is trending stable. It maintains its domestic financial strength rating at AAA(tha) and maintains its international financial strength rating (Insurer Financial Strength: IFS) at A-, which is considered the highest financial rating in the Thai business sector. Fitch Ratings points out that Thai Life Assurance is a life insurance company
with a strong financial position and capital. Amidst the COVID-19 outbreak situation, which has affected the overall economy of the country, the company's capital ratio at the end of the 3rd quarter of 2020 was 372%, which is higher than the criteria set by the Office of the Securities and Exchange Commission. Operating an insurance business (OIC) is set at 120% based on the company's asset and insurance risk level. that is reasonable and believe that the company will be able to maintain the capital position at a strong level continuously throughout 2020 In addition, the Company's careful and careful management of assets It is another important factor in considering Fitch's credit rating. Thai Life Insurance has investment proportions in debt instruments and deposits,
with emphasis on developing work in all areas. creating Phone Number List financial stability and good risk management To build confidence among the company's insureds There are currently more than 4 million people. Focusing on financial stability has resulted in the year 2021, the global financial credit rating agency Fitch Ratings has announced an adjustment of the outlook for the national financial strength rating (National IFS Ratings) and the rating. The Company's Insurer Financial Strength Ratings (IFS Ratings) is trending stable. It maintains its domestic financial strength rating at AAA(tha) and maintains its international financial strength rating (Insurer Financial Strength: IFS) at A-, which is considered the highest financial rating in the Thai business sector. Fitch Ratings points out that Thai Life Assurance is a life insurance company
with a strong financial position and capital. Amidst the COVID-19 outbreak situation, which has affected the overall economy of the country, the company's capital ratio at the end of the 3rd quarter of 2020 was 372%, which is higher than the criteria set by the Office of the Securities and Exchange Commission. Operating an insurance business (OIC) is set at 120% based on the company's asset and insurance risk level. that is reasonable and believe that the company will be able to maintain the capital position at a strong level continuously throughout 2020 In addition, the Company's careful and careful management of assets It is another important factor in considering Fitch's credit rating. Thai Life Insurance has investment proportions in debt instruments and deposits,