HONG KONG, July 31 (Bernama-BUSINESS WIRE)-- A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of BOC Group Life Assurance Company Limited (BOCGL) (Hong Kong). The outlook for both ratings is stable.
The ratings of BOCGL reflect its good risk-adjusted capitalization and solid competitive position in Hong Kong’s life insurance market. The ratings also recognize the continued capital and operational support provided by its banking parent BOC Hong Kong (Holdings) Limited (BOCHK).
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