AM Best Affirms Credit Ratings of Korean Reinsurance Company

Sun, 12/13/2020 - 07:10
by Newswire

HONG KONG--()--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Korean Reinsurance Company (KRE) (South Korea). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect KRE’s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management.

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