Standard & Poor's: Upgrades the long-term issuer credit rating of Fubon Insurance (01299.HK) to "AA-" with a "Stable" outlook.
On December 4th, Standard & Poor's raised the long-term and short-term issuer credit ratings of AIA Group Limited (referred to as "AIA Insurance", 01299.HK) from "A+/A-1" to "AA-/A-1+" and also upgraded the ratings of its core subsidiary. In addition, Standard & Poor's upgraded the rating of a highly strategic group subsidiary and confirmed the rating of another important strategic subsidiary.
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