• Qianhai Re rated A- by AM Best

    AM Best has assigned an A- financial strength rating to startup
    Chinese reinsurer, Qianhai Re, which was granted regulatory
    approval in March this year.
    The ratings agency confirmed that the reinsurer was launching
    with around $460mn of starting capital and controlled by three
    state-owned entities, with some other outside investors.
    It said the financial strength rating, a- issuer credit rating
    and stable outlook reflected the reinsurer's "sound
    risk-adjusted capitalization, realistic business p

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