SINGAPORE, April 16 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Performance Assessment (assessment) of PA-2 (Excellent) of Delta Insurance New Zealand Limited (New Zealand) and Delta Underwriting Private Limited (Singapore). The companies are assessed on a consolidated basis under their parent, Delta International Limited (Delta). The outlook of the assessment is stable. Concurrently, AM Best has withdrawn the assessment as the company has requested to no longer participate in AM Best’s interactive performance assessment process.
This assessment reflects Delta’s strong underwriting capabilities, excellent governance and internal controls, strong financial condition, excellent organizational talent, and strong depth and breadth of relationships.
