s&p global ratings affirmed the financial strength rating of tpre at "a" with a stable outlook in a report published on 21 january. it is the eight consecutive years that tpre has received "a" rating from s&p.
according to the report, the rating reflects china taiping's long-term commitment of support to tpre in terms of capital, actuarial, asset management, and risk management governance, as well as tpre's strategic position as a core subsidiary of taiping group. as the main body of china taiping's reinsurance sector and the important reinsurance centralized management platform, tpre plays a critical role in china taiping's internationalization strategy and provides reinsurance support and regional insurance market insights to the group's affiliates.
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