OLDWICK: Global rating agency AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” of Crusader Insurance Company. Additionally, AM Best has revised the outlook to negative from stable and affirmed the Long-Term ICR of “bb”…
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Outlooks for Singapore Reinsurance Corporation revised to negative
OLDWICK: Global rating agency, AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Singapore Reinsurance Corporation Limited. The ratings reflect Singapore Re’s balance sheet strength, which AM Best categorises as strong, as well as…