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SINGAPORE, November 22, 2023--AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of "bbb" (Good) of Petrolimex Insurance Corporation (PJICO) (Vietnam). Additionally, AM Best has assigned the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) to PJICO. The outlook of these Credit Ratings (ratings) is stable.
AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aa-" (Superior) of the main rated insurance subsidiaries of Zurich Insurance Group
OLDWICK, N.J., November 16, 2023--AM Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to "bbb" (Good) from "bbb-" (Good) of Gulf Insurance Limited (Gulf) (Trinidad and Tobago). The outlook of these Credit Ratings (ratings) has been revised to stable from positive.
MEXICO CITY, November 16, 2023--AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of "bbb" (Good) of Global Protection Reinsurance Ltd. (GPR) (Barbados). The outlook of these Credit Ratings (ratings) is stable.
SINGAPORE, November 12, 2023--AM Best is assigning a stable outlook on the New Zealand non-life insurance segment, citing its expectations of solid premium growth in the market, owing to strong, ongoing rate improvement, particularly in the property and motor segments.