AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

A.M. BEST ASSIGNS RATINGS TO SOUTH CHINA INSURANCE COMPANY LTD.

AsiaPulse News

| February 01, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(Full text of a statement. Contact details below.) ( BW)(NJ-A.M.-BEST-CO.) A.M. Best Assigns Ratings to South China Insurance Company Limited

OLDWICK, N.J.--(BUSINESS WIRE)--Jan. 31, 2007--A.M. Best Co. has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of "a-" to South China Insurance Company Limited (South China) (Taiwan).

The outlook for both ratings is stable.

The ratings reflect South China's consistent overall operating results, strong liquidity and adequate capitalization.

The ratings also acknowledge the company's extensive distribution network and operational synergies in business generation through its affiliates under the umbrella of Hua Nan Financial Holdings.

South China, a Taiwan-based insurer primarily concentrating on the personal automobile vehicle market, maintains a solid business profile through the establishment of seven branches and 28 representative offices throughout Taiwan.

Following the acquisition of South China by Hua Nan Financial Holdings, South China is capable of further leveraging the extensive branch outlets of Hua Nan Commercial Bank.

Related articles from newspapers, magazines, journals, and more
S&PBULLETIN: Hua Nan to Acquire South China Insurance.
Press release article from: Business Wire March 20, 2003 700+ words
...Insurance Co. Ltd. (South China Insurance, BBB/Stable...will be acquired by Hua Nan Financial Holding Co...current members of the Hua Nan FHC group are Hua Nan Commercial Bank (BBBpi...Securities Co. Ltd. While South China Insurance's inclusion...
Hua Nan Financial Holdings Company Selects Teradata.
Press release article from: Business Wire January 31, 2007 700+ words
...when Hua Nan Commercial Bank (HNCB) and Hua Nan Securities (HNS) merged. On the same day...seven subsidiaries, including HNCB, HNS, Hua Nan Bills Finance, South China Insurance, Hua Nan Investment Trust, Hua Nan Venture Capital...
TAIWAN'S HUA NAN COMMERCIAL BANK OPENS MAINLAND OFFICE.
News wire article from: AsiaPulse News November 29, 2002 700+ words
GUANGZHOU, Nov 29 Asia Pulse - Hua Nan Commercial Bank, Taiwan's third largest bank, has just opened a representative office in Shenzhen City in south China's Guangdong Province. At the opening ceremony, the bank's chairman Lin Ming Cheng...
Hua Nan Commercial Bank plans TWD3bn debt sale.
Magazine article from: Global Banking News (GBN) August 21, 2009 700+ words
...Global Banking News-21 August 2009-Hua Nan Commercial Bank plans TWD3bn debt sale...http://www.enpublishing.co.uk Hua Nan Commercial Bank Company (TAI: 2880...term operations, the bank's parent, Hua Nan Financial Holding Company (2880.TW...
Hua Nan Commercial disposes of bad loans.
News wire article from: Australasian Business Intelligence May 2, 2003 700+ words
...Wall Street Journal - ABIX via COMTEX) Hua Nan Commercial Bank is one of Taiwan's three...3 billion ($US381.7 million) from Hua Nan Commercial. An official for the Taiwanese...there were four bidders in the auction. Hua Nan Financial, the bank's parent group...
TAIWAN'S HUA NAN COMMERCIAL BANK TO SET UP OFFICES IN CHINA.
News wire article from: AsiaPulse News September 20, 2002 700+ words
...China - has formally informed Taiwan's Hua Nan Commercial Bank that it has been granted...set up representative offices there, a Hua Nan Bank spokesman said Thursday. The spokesman...authorities. The eight banks are the Hua Nan Commercial Bank, the Chang Hwa Commercial...
TAIWAN ALLOWS HUA NAN COMMERCIAL BANK TO SET UP OFFICE IN HANOI.
News wire article from: AsiaPulse News August 11, 2006 700+ words
...approved Thursday an application by the Hua Nan Commercial Bank to set up a liaison office...agreed to the application in principle and Hua Nan is preparing for the branch's formal...enterprises will invest in Vietnam, the Hua Nan Commercial Bank plans to make its service...
Moody's discontinues Hua Nan Commercial Bank national scale ratings.
News wire article from: ADP Debt News September 21, 2009 700+ words
...2009 - Moody's Taiwan Corporation has pulled out the national scale ratings assigned to Hua Nan Commercial Bank Ltd, a subsidiary of Taiwan's Hua Nan Financial Holdings Co Ltd (TPE:2880). The agency said it withdrew the bank's Aa2...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA