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Outlooks Revised to Negative for Members of Chicago s ISMIE Mutual Group

AM Best Affirms Credit Ratings of Barents Re Reinsurance Company, Inc and Its Affiliate

AM Best Affirms Credit Ratings of Barents Re Reinsurance Company, Inc and Its Affiliate
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AM Best Affirms Credit Ratings of Malaysian Reinsurance Berhad

Share: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- of Malaysian Reinsurance Berhad (Malaysian Re) (Malaysia). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Malaysian Re s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). The company s balance sheet strength is underpinned by its risk-adjusted capitalisation that is expected to remain at the strongest level over the medium term, as measured by Best s Capital Adequacy Ratio (BCAR). Capital adequacy has been supported by Malaysian Re s moderate underwriting leverage and a good quality retrocession panel, as well as from robust growth in shareholders equity from internal capital generation and capital raisings. In addition, AM Best considers the company s investment approach prudent, with the majo

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