AM Best Revises Outlooks to Positive for Dah Sing Insurance Company Limited

AM Best has revised the outlooks for Dah Sing Insurance Company Limited (DSI) to positive from stable, affirming its Financial Strength Rating of A- and Long-Term Issuer Credit Rating of “a-”. This reflects DSI’s strong balance sheet, adequate operating performance, and parental support from Dah Sing Financial Holdings. DSI's gross written premiums grew 66% from 2020 to 2024, driven by strategic expansion. The company remains profitable with a 17.5% return on capital and is expected to maintain healthy growth in the Hong Kong non-life insurance market. Positive rating actions may occur with successful business plan implementation.