Tuesday, 7 July 2015

A.M. Best Assigns Ratings to Tune GenRe Ltd.

SINGAPORE, July 7 (Bernama)-- A.M. Best has assigned a financial strength rating of B++ (Good) and an issuer credit rating of "bbb+" to Tune GenRe Ltd. (TGR) (Malaysia). The outlook assigned to both ratings is stable.

The assigned ratings consider TGR's business profile, strong operating results and its business plan over the next three years. As a subsidiary of Tune Ins Holdings Berhad (TIH), TGR's role is to maximize the TIH's group's retention of travel insurance premiums.

http://mrem.bernama.com/viewsm.php?idm=24808

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