HONG KONG, Dec 15 (Bernama-BUSINESS WIRE) — AM Best has assigned a Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” to Mandal Daatgal JSC (Mandal) (Mongolia). The outlook assigned to these Credit Ratings (ratings) is stable.
The ratings reflect Mandal’s balance sheet strength, which AM Best categorises as strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management (ERM).