Moody's Ratings affirms Hanwha Life’s A2 IFSR; changes outlook to positive from stable
Hong Kong , June 11, 2024 – Moody's Ratings (Moody's) has affirmed the A2 insurance financial strength rating (IFSR) and Baa1 subordinated debt rating of Hanwha Life Insurance Co., Ltd. (Hanwha Life). At the same time, Moody's has changed Hanwha Life's outlook to positive from stable. The change in ...Hanwha Life Insurance Co. is engaged in providing life insurance services and other related insurance services. Co.'s insurance products consist of survival insurance, death insurance, life and death mixed insurance, and group insurance. Co. also provides loan services. Co. has 7 supporting groups, 67 branches and 707 business offices throughout the Republic of Korea (South Korea).
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