Kuala lumpur: AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of 'bbb+' (Good) of Tune Protect Re Ltd. (TPR) in Malaysia. The outlook of these Credit Ratings remains stable.

According to BERNAMA News Agency, the ratings reflect TPR's balance sheet strength, assessed as strong by AM Best, in addition to its strong operating performance. The company's limited business profile and appropriate enterprise risk management also contribute to the affirmed ratings.