HONG KONG, Sept 17 (Bernama) -- AM Best has revised its outlook on Taiwan’s non-life insurance segment to stable from negative, citing a recovery of capital strength among carriers in 2023 following sizeable pandemic-related losses in the previous year.
Also underpinning the outlook revision, as detailed in the Best’s Market Segment Report, “Market Segment Outlook: Taiwan Non-Life Insurance”, are insurers’ prudent underwriting and investment strategies, along with solid top-line growth in key product lines.
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