HONG KONG, Aug 5 (Bernama-BUSINESS WIRE) — AM Best has assigned a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” (Excellent) to Generali Life (Hong Kong) Limited (Generali Hong Kong) (Hong Kong). The outlook assigned to these Credit Ratings (ratings) is stable.
The ratings reflect Generali Hong Kong’s inclusion as a member of the lead rating unit of Assicurazioni Generali S.p.A. (Generali) (Italy), which has a balance sheet strength that AM Best assesses as strong, as well as its strong operating performance, very favorable business profile and appropriate enterprise risk management.