Thursday 22 March 2018

A.M. BEST WITHDRAWS CREDIT RATINGS OF MACAU LIFE INSURANCE COMPANY LIMITED

HONG KONG, March 21 (Bernama-BUSINESS WIRE) -- A.M. Best has removed from under review with developing implications and affirmed the Financial Strength Rating of B (Good) and the Long-Term Issuer Credit Rating of “bbb” of Macau Life Insurance Company Limited (MLIC) (Macau). The outlook assigned to these Credit Ratings (ratings) is stable. Concurrently, A.M. Best has withdrawn the ratings as the company has requested to no longer participate in the A.M. Best’s interactive rating process.

The ratings reflect MLIC’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate operating performance, very limited business profile and appropriate enterprise risk management.
http://mrem.bernama.com/viewsm.php?idm=31496

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