Kuala Lumpur, 6 January 2011 – A.M. Best Co., had on 5 January 2011, reaffirmed the Financial Strength Rating of “A-“ (Excellent) and an Issuer Credit Rating of “a-“ to Malaysian Reinsurance Berhad or Malaysian Re. A.M. Best also confirmed the outlook for both ratings as Stable.
A copy of the press release issued by A.M. Best dated 5 January 2011 is attached.
Malaysian Re is Malaysia’s leading reinsurance company and is a wholly-owned subsidiary of MNRB Holdings Berhad or MNRB. Malaysian Re was first rated by A.M. Best in 2006.
A.M. Best Company, founded in 1899, is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers.