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Mar 2024

S&P upgrades Korean Re's ratings to 'A'

Source: Asia Insurance Review | Dec 2014

Standard & Poor's has raised the financial strength and counterparty credit ratings on Korean Re to 'A' from 'A-.' The rating upgrade reflected the reinsurer's sound risk-based capitalisation, stable operating performance and adequate risk management with strong risk controls. The outlook on the ratings is stable.

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