A.M. BEST REVISES MALAYSIAN RE’S OUTLOOK TO POSITIVE

12 Dec 2013

Kuala Lumpur, 12 December 2013 – A.M. Best Asia-Pacific Limited has revised Malaysian Reinsurance Berhad’s (Malaysian Re) outlook from Stable to Positive and affirmed its Financial Strength Rating of “A-“ (Excellent) and Issuer Credit Rating of “a-”.
 
The ratings reflect Malaysian Re’s strengthened risk-adjusted capitalization, consistently favorable operating performance and well-established presence in the Malaysian reinsurance market.
 
A copy of the press release issued by A.M. Best dated 11 December 2013 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 A.M. Best in 2006.
 
A.M. Best Asia-Pacific Limited is a subsidiary of A.M. Best Company. 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.
 
For more information, please log on to www.malaysian-re.com.my