三星财险获评贝氏“A级（优秀）”财务实力评级和“a级”长期发行人信用评级

Core Viewpoint - AM Best has awarded Samsung Property & Casualty Insurance (China) Co., Ltd. an "A" (Excellent) Financial Strength Rating (FSR) and an "a" Long-term Issuer Credit Rating (ICR), with a stable outlook [1] Group 1 - The company has established a stable commercial insurance business and a continuously growing personal insurance portfolio, supported by two major shareholders [2] - Samsung P&C offers a wide range of insurance products, including corporate property insurance, liability insurance, engineering insurance, accident and health insurance, and return shipment insurance [2] - The company's risk-adjusted capital strength is assessed to be at the strongest level, supported by a conservative investment strategy, good liquidity, and comprehensive reinsurance arrangements [2] Group 2 - Following a change in equity, the company's capital strength has significantly improved, with its local solvency margin well above regulatory minimum requirements [2] - Both major shareholders have strong credit foundations and are expected to continue providing financial and non-financial support to the company in the medium term [2] - AM Best believes that Samsung P&C's overall risk management practices are appropriate for its risk profile [2] Group 3 - Samsung P&C was established as the first wholly foreign-owned property insurance company in China in April 2005, following a solid operational foundation in the country [3] - The company entered the auto insurance market in June 2010 and was the first foreign property insurance company to operate direct sales for auto insurance [3] - In August 2022, Samsung P&C underwent a capital increase approved by the Shanghai Banking and Insurance Regulatory Bureau, introducing Tencent and four other new shareholders, officially transforming into a joint venture supported by strategic partners [3] Group 4 - AM Best, established in 1899, specializes in credit ratings for the insurance industry and insurance-related securities, with its headquarters in the United States and regional offices in various global cities [3]