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Moody’s
insurance ratings team is part of Moody’s wider Financial Institutions Group.
In Asia Pacific, we rate and publish opinions on insurance companies in the
following countries – Australia, Japan, and Taiwan.
Specific to insurance
companies, Moody’s rates insurance financial strength, based on the same rating
scale as bond ratings. We cover the full range of insurance companies – life
and health insurance, non-life insurance, reinsurance, insurance holding
companies, and mortgage insurers.
In 1998, we assigned our
first insurance rating in Australia – AMP Life. We also now rate a
non-life insurance holding company – QBE, together with other holding
companies that contain significant insurance entities in Australia. Our insurance coverage in Australia also includes a large number of
mortgage insurers, a specialized sector which bridges banking and insurance
businesses.
The insurance team in Asia
Pacific has an experienced and knowledgeable staff specialising
in the various insurance markets in the region. We work closely with our
colleagues in the US and Europe to ensure consistency in our
ratings practices, and to provide a global perspective to our ratings. Our
insurance expertise in the region has recently grown, and thus we plan to
extend our rating coverage in Asia Pacific.
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