HONG KONG, Sept 2 (Bernama) -- A.M. Best has affirmed the financial strength ratings of A- (Excellent) and the issuer credit rating of “a-” of the China BOCOM Insurance Company Limited (CBIC) (Hong Kong). The outlook for both ratings is stable.
The ratings reflect CBIC’s strong risk-adjusted capitalization, consistently favorable loss experience and the various support it receives as a wholly owned subsidiary of Bank of Communications Co., Ltd. (BOCOM), one of the top five commercial banks in China.
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