Thursday, 13 April 2017

A.M. BEST WITHDRAWS CREDIT RATINGS OF BEA LIFE LIMITED

HONG KONG, April 13 (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 BEA Life Limited (BEA Life) (Hong Kong). The outlook of these Credit Ratings (ratings) is stable. Concurrently, A.M. Best has withdrawn the ratings of BEA Life upon management’s request to no longer participate in A.M. Best’s interactive rating process.

The ratings reflect BEA Life’s adequate balance sheet strength, favorable operating performance and the benefits it receives from its strong affiliation with The Bank of East Asia.

http://mrem.bernama.com/viewsm.php?idm=28899

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