HONG KONG, Dec 6 (Bernama-BUSINESS WIRE) — AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Meritz Fire & Marine Insurance Co., Ltd. (Meritz) (South Korea).
The ratings reflect Meritz’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.