Financial Institutions

Highlights

• 23 May 2012
  • Stable outlook for China's P&C insurance sector
    Despite the likely increase in competition and the upcoming liberalization of premium rates, insurers will continue to exercise prudence in underwriting by maintaining an adequate level of risk premiums and managing their expenses to ensure profitability. Accordingly, they will be able to support a solid level of capital adequacy... Press Release l Full Report
• 12 Apr 2012
  • China's banking sector outlook stable
    The stable outlook reflects our central scenario that China's economy will grow in a 7.5%-8.5% range, which is representative of a "soft landing," the banks' solid capital and loss-reserve levels, their strong deposit funding base, and very low vulnerability to external liquidity shocks. These positive factors are balanced by an assumed modest deterioration in asset quality… Press Release l Full Report
• 5 Apr 2012
  • If Korean sovereign is upgraded, GRI ratings unlikely to be, too
    Many Korean government-related issuers (GRIs) have standalone financial metrics that have deteriorated significantly in recent years or were already weak, in contrast to the government's strengthening fiscal fundamentals, which is reflected in the sovereign now having a positive outlook. The GRIs are not likely to see improved ratings unless their own credit profiles are strengthened or the government provides more formalized support... Press Release l Full Report