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LONDON, October 04, 2023--AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of "bbb" (Good) of Misr Insurance Company (MIC) (Egypt). Additionally, AM Best has assigned the Egypt National Scale Rating (NSR) of aaa.EG (Exceptional) to MIC. The outlook of these Credit Ratings (ratings) is stable. MIC is the non-life insurance subsidiary of Misr Insurance Holding Company (MIHC).

Corporate Governance and Credit Rating Services, Inc. 21 September 2023 ...

CREDIT rating agency A.M. Best Rating Services Inc. downgraded the long-term issuer credit ratings (ICR) of Malayan Insurance Co. Inc. to “bbb” from “bbb+” as it sees the insurance firm’s capital adequacy to “remain under negative pressure.” In a recent statement, A.M. Best said the downgrade reflects the insurance firm’s “weakened” balance sheet strength fundamentals.

LONDON, October 02, 2023--AM Best has assigned a Financial Strength Rating of B (Fair) and a Long-Term Issuer Credit Rating of "bb+" (Fair) to Tanzania Reinsurance Company Limited (TAN RE) (Tanzania). The outlook assigned to these Credit Ratings (ratings) is stable.

OLDWICK, N.J., September 29, 2023--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a-" (Excellent) of Greenlight Reinsurance, Ltd. (Cayman Islands) and Greenlight Reinsurance Ireland, Designated Activity Company (Ireland). Additionally, AM Best has affirmed the Long-Term ICR of "bbb-" (Good) of Greenlight Capital Re, Ltd. (Cayman Islands) (GLRE) [NASDAQ: GLRE], the ultimate holding company. The outlook of these Cred