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0.00236849896378179 -0.00375012335932099 -0.00162834303759984 -0.00404618572979371 -0.00957268331195104 -0.0166781802032961 -0.0138655876838053 -0.0142109937826902
Stock impact report

AM Best Affirms Credit Ratings of KBFG Insurance (China) Co., Ltd. [Yahoo! Finance]

KB Financial Group Inc (KB) 
US:NYSE Investor Relations: kbfg.com/eng/ir/main/ir_main.jsp
Company Research Source: Yahoo! Finance
the Long-Term Issuer Credit Rating of "a-" (Excellent) of KBFG Insurance (China) Co., Ltd. (KBFG China) (China). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect KBFG China's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). The ratings also reflect the wide range of support that the company receives from its parent, KB Insurance Co., Ltd., in areas including underwriting and pricing, business development, reinsurance and risk management. KBFG China's balance sheet strength is underpinned by risk-adjusted capitalisation at the strongest level, as measured by Best's Capital Adequacy Ratio (BCAR). The company's consolidated capital and surplus have continued to increase, backed by positive operating performance with full profit retention. KBFG China maintains a low underwriting leverage, limited net exposure to large comme Show less Read more
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