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Summary: Tianan Insurance Co. Ltd. of China Jun 05
Standard & Poors, June 2005
Tianan Insurance Co. Ltd. of China (Tianan) is not rated by Standard & Poor's. This analysis is a general credit comment based on publicly available information. It is published here as part of a review of China's insurance market. Tianan has an adequate business profile and a moderate financial profile by domestic standards. The company provides general insurance countrywide. In 2004, it had a market share of 4.6% in terms of premiums, making it the country's fifth-largest general insurer, according to statistics from the China Insurance Regulatory Commission. Tianan's largest business line is motor insurance, which in 2003 accounted for about 76% of its total premiums compared with the industry average of 63%. In April 2005, the company signed a...
Companies mentioned in this report are: Tianan Insurance Co. Ltd. of China,China (People's Republic of ),Agricultural Bank of China
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This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
Tianan Insurance Co. Ltd. of China,China (People's Republic of ),Agricultural Bank of China