SINGAPORE, July 27 (Bernama-BUSINESS WIRE)-- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit ratings (ICR) of “a-” of TOWER Insurance Limited (TIL). A.M. Best also has affirmed the ICR of “bbb-” of the ultimate parent, TOWER Limited (TL). The outlook for all ratings remains negative. All companies are domiciled in New Zealand.
The rating affirmations mainly reflect TIL’s favorable risk-adjusted capitalization and good operating performance.
http://mrem.bernama.com/viewsm.php?idm=24930
No comments:
Post a Comment