Kuala Lumpur, 25 January 2019 – Fitch Ratings has upgraded Malaysian Reinsurance Berhad’s (Malaysian Re) Insurer Financial Strength (IFS) rating to ‘A’ (Strong) from ‘A-‘ (Strong) with a Stable Outlook.
A copy of the Press Release issued by Fitch Ratings dated 24 January 2019 is attached.
Malaysian Re is Malaysia’s leading reinsurance company and is a wholly-owned subsidiary of MNRB Holdings Berhad (MNRB). Malaysian Re was first rated by Fitch Ratings in 2006.
Fitch Ratings is a leading global rating agency with dual-headquarters in New York and London covering entities in more than 90 countries, including IFS ratings on over 2,000 insurance companies.
For more information, please log on to www.malaysian-re.com.my.