China BOCOM Insurance Co., Ltd. Receives AM Best’s Excellent Rating for the 12th Consecutive Year

        AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of China BOCOM Insurance Company Limited (CBIC) (Hong Kong). The outlook of these Credit Ratings is stable.
        In this evaluation, AM Best recognized CBIC for its strong operating performance, robust business structure, diverse distribution channels, prudent underwriting strategies, and appropriate risk management. The agency also anticipates continued and extensive support from the Bank of Communications Group in areas such as capital, branding, channels, investment, operations, and risk management.
        AM Best is a global credit rating agency specializing in the insurance industry, with its rating standards and results widely recognized by the international insurance industry and global reinsurance institutions.