dWeb.News: AM Best Affirms Credit Ratings of China Merchants Insurance Company Limited

AM Best Affirms Credit Ratings of China Merchants Insurance Company Limited

Author: Daniel Webster

HONG KONG--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) of China Merchants Insurance Company Limited (CMI) (Hong Kong). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect CMI's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The ratings also

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