SINGAPORE, Feb 14 (Bernama-BUSINESS WIRE ) — AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of New India Assurance Company Limited (New India) (India).
These Credit Ratings (ratings) reflect New India’s balance sheet strength, which AM Best categorizes as very strong, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management (ERM).