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Saturday, 2 August 2008

BBB+ for MNRB Retakaful

Fitch assigns 'BBB+' Insurer Financial Strength (IFS) rating to MNRB Retakaful with stable outlook.

Factors considered for the rating were:
  • MNRB Holdings Berhad's ability and willingness to provide support in times of need
  • Catastrophe-free Malaysian market - the main focus of MNRB Retakaful's business
  • Healthy capitalisation, prudent management
  • Limited track record
  • Modest size
  • Possible execution risks

Source: Fitch

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posted by Teh Loo Hai @ 8:43 PM   0 Comments Links to this post

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