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A.M. BEST AFFIRMS RATINGS OF FORTIS INSURANCE COMPANY (ASIA) LTD.

Publication: AsiaPulse News
Publication Date: 23-JUL-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
(Full text of a statement. Contact details below.)

(BW)(NJ-A.M.-BEST)

A.M. Best Affirms Ratings Of Fortis Insurance Company (Asia) Limited

Insurance Writers

OLDWICK, N.J.--(BUSINESS WIRE) - Jul. 22, 2009--A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of "a-" of Fortis Insurance Company (Asia) Limited (FICA) (Hong Kong). The outlook for both ratings is stable.

The ratings reflect FICA's solid risk-based capitalization, stable underwriting performance and continued premium growth of in-force and new business for individual life portfolios....

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