Taipei: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of 'a-' (Excellent) for Nan Shan General Insurance Co., Ltd. (Nan Shan General) in Taiwan. The outlook for these credit ratings remains stable.
According to BERNAMA News Agency, the ratings reflect Nan Shan General's robust balance sheet strength, which AM Best assesses as very strong. Additionally, the ratings take into account the company's adequate operating performance, neutral business profile, and appropriate enterprise risk management practices.