A.M. Best Affirms B++ - Good Rating of The New India Assurance Company Ltd

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the LongTerm Issuer Credit Rating of "bbb+" (Good) of The New India Assurance Company Limited. The outlook of these credit ratings is Stable.

The ratings reflect the Company's balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate operating performance, favourable business profile and marginal enterprise risk management (ERM).

Source : Equity Bulls

Keywords

TheNewIndiaAssuranceCompany RatingUpdate