S&P Global Ratings
S&P Global Ratings is an American credit rating agency. It is considered the largest of the Big Three credit-rating agencies, which also include Moody's Investors Service and Fitch Ratings. It publishes financial research and analysis on stocks, bonds, and commodities.
Chinese insurers shift to floating-return products amidst risks
Chinese insurers shift to floating-return products amidst risks
Its P&C sector is under strain due to market volatility.
S&P warns of strained profitability for insurers due to climate events
Last year was the fourth straight year insured losses surpassed $100b globally.
Top APAC insurers see market cap growth of Q2 2024
China Life Insurance led with a 9% growth during the period.
Australian insurance sector combats inflation with premium hikes
Its life insurance premiums are seen to grow ~3% in 2024 and 2025 modestly.
China's rapid battery electric vehicles growth defies global slowdown
It surges ahead with 25% BEV penetration, fueled by affordability and government backing.
APAC amongst fastest growing cyber insurance market: S&P Global
It grew 51.2% in the past five years but remains the second smallest market globally.
Asian fintechs to outpace global competitors; China posts tepid growth
S&P Global’s latest report shows Asia’s fintech growth may be gradual for 2023, but small and emerging economies will keep the region steady.
Here's how APAC insurers are performing midyear
Despite the challenges identified, credit trends are observed to be stable.
1 in 5 Thai banks’ restructured loans will go bad: analyst
SMEs will likely struggle to make payments as production costs squeezes profits.
Singapore banks face tepid loan growth; interest margins to peak in 2023
Banks may face some backsliding in its bad loans ratio, S&P’s Ivan Tan warned.
APAC banks on track for LIBOR phase-out: S&P
Singapore banks are leading the way in adopting alternative reference rates.
India’s banking system privatization plagued with capital, regulatory woes
They need to pump money into lenders before selling them if they want to make them more attractive to potential buyers, reports S&P.