KUALA LUMPUR, Nov 26 (Bernama) -- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of "a-" of Marble Reinsurance Corporation (Marble Re) (Federated States of Micronesia). The outlook for both ratings is stable.
The ratings reflect Marble Re's solid risk-adjusted capitalization and conservative operating strategy. Marble Re's risk-adjusted capitalization, as measured by Best's Capital Adequacy Ratio (BCAR), remained strong, largely owing to its strong profitability and capital support from the parent company, Marubeni Corporation (Marubeni) (Japan).
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The ratings reflect Marble Re's solid risk-adjusted capitalization and conservative operating strategy. Marble Re's risk-adjusted capitalization, as measured by Best's Capital Adequacy Ratio (BCAR), remained strong, largely owing to its strong profitability and capital support from the parent company, Marubeni Corporation (Marubeni) (Japan).
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