Press Release
A.M. Best Europe -- Rating Services Limited has affirmed the financial strength rating of B+ (Good) and the issuer credit rating (ICR) of “bbb-” of Kenya Reinsurance Corporation Limited (Kenya Re) (Nairobi, Kenya). The outlook for both ratings remains stable.
The ratings reflect Kenya Re’s good and stable overall performance as well as a strong risk-adjusted capitalization In addition, the ratings incorporate the company’s good regional business profile. An offsetting rating factor remains the company’s weak level of Enterprise Risk Management (ERM).
Showing posts with label rating. Show all posts
Showing posts with label rating. Show all posts
Friday, December 21, 2012
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