Shanghai: AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of 'a-' (Excellent) of ZhongAn Online P and C Insurance Co., Ltd. (ZhongAn) in China.

According to BERNAMA News Agency, the Credit Ratings reflect ZhongAn's balance sheet strength, which AM Best assesses as very strong. The company's performance is characterized by marginal operating performance, a favourable business profile, and an appropriate enterprise risk management strategy.

AM Best's revision of the outlooks to positive signifies an improvement in the company's financial and operational metrics, reinforcing its standing in the insurance industry. The affirmation of the ratings indicates consistent performance and stability in ZhongAn's operations.