SINGAPORE, Nov 11 (Bernama-BUSINESS WIRE) — AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of PGA Sompo Insurance Corporation (PGA Sompo) (Philippines).
These Credit Ratings (ratings) reflect PGA Sompo’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).