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AM Best Downgrades Credit Ratings of Ingosstrakh Insurance Company PJSC and Maintains Under Review with Negative Implications Status

AM Best has downgraded the Financial Strength Rating to B (Fair) from B++ (Good) and the Long-Term Issuer Credit Rating to "bb+" (Fair) from "bbb" (Good) of Ingosstrakh Insurance Company PJSC (Ingosstrakh)
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AM Best Affirms Credit Ratings of FMG Insurance Limited

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating ofโ€œ aโ€ of FMG Insurance Limited. In addition, the ratings factor in a neutral holding company impact from the companyโ€™ s 100% ownership by Farmersโ€™ Mutual Group. In addition, FMGIL is considered to have a comprehensive reinsurance programme that provides protection...
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