AM Best revises digital insurer ZhongAn’s outlooks to positive

Credit rating agency AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of ZhongAn Online P & C Insurance Co., Ltd. (ZhongAn) (China).These credit moves reflect ZhongAn’s balance sheet strength, assessed as very strong by AM Best, as well as its marginal operating performance, favourable business profile and appropriate enterprise risk management.The positive outlook is primarily dri ...