SINGAPORE, Feb 7 (Bernama-BUSINESS WIRE) — AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good) to ICICI Lombard General Insurance Company Limited (ICICI Lombard) (India). The outlook assigned to these Credit Ratings (ratings) is stable.
The ratings reflect ICICI Lombard’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.