Monday, July 14, 2014

US rating firm AM Best says National Insurance has good financial strength

 
KOLKATA: AM Best, a US-based insurance industry rating agency, has assigned a financial strength rating of "B++" and issuer credit rating of "bbb+" to National Insurance Company Ltd. The outlook for both ratings is stable. 
The ratings reflect the insurer's strong risk-adjusted capitalisation, diversified business portfolio, consistent business income and its leading position in India's motor insurance sector, the rating company said in a press statement released from Hong 

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