HONG KONG, May 17 (Bernama-BUSINESS WIRE) — AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” (Excellent) to Cathay Century Insurance Company Limited (Cathay Century) (Taiwan). The outlook assigned to these Credit Ratings (ratings) is stable.
The ratings reflect Cathay Century’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.