P&O Insurance fully redeems RM150 million Subordinated Notes

Published on 27 Jul 2022.

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RAM Ratings has received confirmation that Pacific & Orient Insurance Co. Berhad (P&O Insurance) fully redeemed the outstanding subordinated notes under its RM150 million Subordinated Notes Programme on 27 June 2022 and subsequently terminated the facility. Accordingly, we have withdrawn the programme’s A3/Negative rating and no longer have any rating obligation in respect of it.

We will maintain surveillance of P&O Insurance’s A2/Negative/P1 insurer financial strength ratings as well as the A3/Negative rating of its RM90 mil Subordinated Notes Programme. To date, there have not been any issuances under this programme.


Analytical contacts
Lee Yee Von
(603) 3385 2503

Sophia Lee
(603) 3385 2619


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Ratings on Pacific & Orient Insurance Co. Berhad