AM Best Affirms Credit Ratings of China Taiping Insurance (HK) Company Limited

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) for China Taiping Insurance (HK) Company Limited. The outlook is stable, reflecting the company's strong balance sheet, adequate operating performance, neutral business profile, and appropriate enterprise risk management. The ratings also benefit from the support of its parent company, China Taiping Insurance Holdings Company Limited.