Credit Rating & Financial Information

Credit Rating & Financial Information

CERTIFICATION DOWNLOAD


A.M.Best Asia-Pacific Limited has affirmed the Financial Strength Rating(FSR) of 「A(Stable)」 and the Issuer Credit Rating(ICR) of 「A(Stable)」 of KB Insurance Co., Ltd. (South Korea)  

The ratings affirmations reflect adequate risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), remained stable at a strong level in 2019.

As of 2019, the company’s RBC ratio was 311.8% mainly driven by strong underwriting guidelines and the tightening solvency guidelines. The ratio also represents financial stability as well as its strategic direction in the competitive market place.