FITCH RATINGS AFFIRMS ‘A’ RATING OF MALAYSIAN REINSURANCE BERHAD

14 Jun 2013

Kuala Lumpur, 14 June 2013 – Fitch Ratings has affirmed Malaysian Reinsurance Berhad’s (Malaysian Re) Insurer Financial Strength rating (IFS) at ‘A’.  Fitch Ratings also confirmed the Outlook is Stable.
 
The rating reflects Malaysian Re’s sustained premium growth, consistently healthy financial performance and solid market franchise in Malaysia.
 
A copy of the Press Release issued by Fitch Ratings dated 13 June 2013 is attached.
 
Malaysian Re is Malaysia’s leading reinsurance company and is a wholly-owned subsidiary of MNRB Holdings Berhad (MNRB).  
 
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. Fitch Ratings first rated Malaysian Re in 2006.