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AM Best Comments on Credit Ratings of DB Insurance Co., Ltd. Following Announced Acquisition of The Fortegra Group Inc
Designer BrandsDesigner Brands(US:DBI) Businesswire·2025-10-02 13:33

HONG KONG--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of "aa-†(Superior) of DB Insurance Co., Ltd. (DBI) (South Korea) remain unchanged following the announcement of its acquisition of The Fortegra Group, Inc (Fortegra) on 26 September 2025. DBI has entered into an agreement with Tiptree Inc. and Warburg Pincus LLC to acquire full ownership of Fortegra, a U.S-based insurance group specialising in a specialty. ...