Standard & Poor’s Ratings Services said today it assigned its “A” long-term insurer financial strength and counterparty credit ratings on Singapore-based ACE Insurance Ltd. with a stable outlook. S&P said the ratings “reflect its strategic importance to the ACE group (core operating companies rated A+/Stable/–) as part of the global franchise and its strategy in Asia.
Was this article valuable?
Here are more articles you may enjoy.
How Insurers Know When It’s Time to Scale AI 
‘We’ll Want Some Proof’: State Farm CEO’s Take on NY Auto Insurance Reforms 
IMA Latest to Sue Howden Over Alleged Employee Poaching 
AM Best Upgrades Credit Ratings of Missouri’s Columbia 
