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Best, Removes

AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating (FSR) to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb+” from “bbb-” of Arab Reinsurance Company S.A.L. (Arab Re) (Lebanon).

09.10.2020 - 19:52:40

AM Best Removes From Under Review With Negative Implications and Downgrades Credit Ratings of Arab Reinsurance Company S.A.L.. The outlook assigned to the FSR is stable, whilst the outlook assigned to the Long-Term ICR is negative.

web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and AM Best Rating Action Press Releases.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in New York, London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

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