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 |
Monday, July 14, 2014
US rating firm AM Best says National Insurance has good financial strength
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