SINGAPORE, Jan 23 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" of The Hollard Insurance Company Pty Ltd (HIC) (Australia). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect HIC's strong risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), and good operating performance.
The ratings reflect HIC's strong risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), and good operating performance.
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