Monday, 2 November 2020

Indonesia’s TUGU outlooks revised to stable from negative - AM Best

KUALA LUMPUR, Nov 2 -- AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of ‘a-’ of PT Asuransi Tugu Pratama Indonesia Tbk (TUGU) Indonesia.

These Credit Ratings (ratings) reflect TUGU’s balance sheet strength, which AM Best categorised as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management (ERM).

Indonesia’s TUGU outlooks revised to stable from negative - AM Best

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