SINGAPORE, Jan 20 (Bernama-BUSINESS WIRE) -- A.M. Best has revised the outlooks to
stable from positive, and affirmed the Financial Strength Rating of A-
(Excellent) and the Long-Term Issuer Credit Rating of “a-” of New India
Assurance Company Limited (New India) (India).
While the company remains profitable overall, its pretax margin has weakened, as underwriting performance for the 12 months to March 2016 and the six months to September 2016 has deteriorated and fallen behind its projections.
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