HONG KONG, June 12 (Bernama)-- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of "a-" of The People's Insurance Company of China (Hong Kong), Limited (PICC HK) (Hong Kong). The outlook for both ratings is stable.
The ratings reflect PICC HK's favorable risk-adjusted capitalization level, consistently profitable operating results, and the business and capital support it receives from its parent, The People's Insurance Company (Group) of China Limited (PICC Group). The company is 75% owned by PICC Group.
http://mrem.bernama.com/viewsm.php?idm=24655
No comments:
Post a Comment