TITLE

News - India: GIC Re's financial strength affirmed with A-(Excellent) rating

PUB. DATE
March 2011
SOURCE
Asia Insurance Review;Mar2011, p38
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that General Insurance Corp. of India (GIC Re), the sole domestic reinsurer in India, has received a Financial Strength rating of 'A-' (Excellent) and Issuer Credit Rating of 'a-' from rating agency A.M. Best Co. & Inc. Strong risk-adjusted capitalisation, improved expense ratio and strong market presence have made the outlook of the company stable.
ACCESSION #
67503527

 

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