AM Best Assigns Credit Ratings to BEA Life Limited

HONG KONG Sept 30 (Bernama-BUSINESS WIRE) — AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to BEA Life Limited (BEA Life) (Hong Kong). The outlook assigned to these Credit Ratings (ratings) is stable.

BEA Life is a wholly owned subsidiary of The Bank of East Asia, Limited (BEA), a Hong Kong financial services group that offers a comprehensive range of corporate banking, personal banking, wealth management and investment services to its customers, mainly in Hong Kong and Mainland China. Incorporated in 2006, BEA Life has provided a range of life insurance solutions for individual and corporate customers in Hong Kong since 2008.

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