AM Best affirms Asian Re’s ratings

AM Best has affirmed Asian Re’s Financial Strength Rating of “B++” (Good) and Long-Term Issuer Credit Rating of “bbb” (Good), both with a stable outlook.

The rating agency has also assigned the Thai reinsurer a National Scale Rating of “aa+.TH” (Superior), with a stable outlook.

The ratings reflect the company’s strong balance sheet, adequate operating performance, limited business profile, and sound enterprise risk management practices.