Reinsurance News

Singapore Re

AM Best revises Issuer Credit Rating outlook to positive for Singapore Re

23rd September 2025

AM Best has revised Singapore Re’s outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed its rating of “a” (Excellent). The agency also affirmed the company’s Financial Strength Rating (FSR) of A (Excellent), with a stable outlook. These ratings reflect Singapore Re’s balance sheet strength, considered ... Read the full article

Singapore Re secures reinsurance branch license to operate as IIO in India’s GIFT City

13th June 2025

Singapore Reinsurance Corporation Ltd (Singapore Re) has secured a reinsurance branch license from the International Financial Services Centres Authority (IFSCA) to operate as an IFSC Insurance Office (IIO) in Gujarat International Finance Tec-City (GIFT City). Singapore Re provides Treaty and Facultative reinsurance solutions across property, energy, marine, upstream, equipment, casualty, agriculture, ... Read the full article

AM Best affirms Singapore Re’s Credit Ratings with stable outlook

10th December 2024

AM Best has affirmed Singapore Reinsurance Corporation Limited’s (Singapore Re) Financial Strength Rating of A and Long-Term Issuer Credit Rating of “a”, with a stable outlook for these ratings. The ratings reflect Singapore Re’s balance sheet strength, which AM Best assesses as strong, adequate operating performance, limited business profile, and effective ... Read the full article

AM Best upgrades Singapore Re’s credit ratings

9th August 2022

Rating agency AM Best has upgraded Singapore Re’s Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) from “a-” (Excellent), and gave them a stable outlook. According to the rating agency, they reflect Singapore Re’s balance sheet strength, which AM Best assessed ... Read the full article

Fairfax looks to take Singapore Re fully private under 100% ownership

22nd March 2021

Fairfax Asia Limited, the Asian holding company for operating entities of Fairfax Group in the region, has made a voluntary conditional cash offer to acquire all of the issued and paid-up ordinary shares in the capital of Singapore Reinsurance Company Limited. Fairfax, which alongside the concert group currently owns 28.18% of ... Read the full article