Moody downgrades outlook on Korean insurer
Meritz Fire & Marine Insurance Co Ltd (MFM), Korea's fifth-biggest non-life insurer, has had the outlook on its financial strength rating to negative from stable by Moody's.
At the same time, Moody's has affirmed the company's A3 insurance financial strength rating. "The negative rating outlook reflects MFM's weakening financial profile, including a decline in its
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