SINGAPORE, AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of ‘a-‘ (Excellent) to Allianz Ayudhya General Insurance Public Company Limited (AAGI) (Thailand). The outlook assigned to these Credit Ratings (ratings) is stable.
The ratings reflect AAGI’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. In addition, AAGI benefits from rating enhancement from Allianz SE (Allianz group).
Source: BERNAMA News Agency
