Friday, 9 October 2020

AM Best removes under review with negative implications ICR of Tune Protect Re Ltd

KUALA LUMPUR, Oct 9 -- AM Best has removed from under review with negative implications and downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to ‘bbb’ from ‘bbb+’ and affirmed the Financial Strength Rating of B++ (Good) of Tune Protect Re Ltd (TPR) Malaysia.

According to a statement, the outlook assigned to these ratings is negative.

AM Best removes under review with negative implications ICR of Tune Protect Re Ltd:

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