S & P grants Trust Re the rating BBB+
The rating pertaining to the financial soundness of the non life reinsurance group, Trust Re, has been raised from BBB to BBB+, with stable outlook. S&P highlighted the group’s solid capitalization, excellent results and competitive position on the markets.
Despite its relatively small size, by the market’s standards, Trust Re is well-established in the Middle East. The company has quickly grown in Asia and Africa.
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Tue, 15/03/2011 - 23:48
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