AM Best Affirms Credit Ratings and Assigns National Scale Rating to The New India Assurance Company Limited
Retrieved on:
金曜日, 10月 20, 2023
AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of The New India Assurance Company Limited (New India) (India).
Key Points:
- AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of The New India Assurance Company Limited (New India) (India).
- Additionally, AM Best has assigned the India National Scale Rating (NSR) of aaa.IN (Exceptional) to New India.
- In addition, the ratings factor in the neutral impact from New India’s ultimate majority ownership by the Government of India.
- For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .