Fitch Ratings has affirmed Malaysian Reinsurance Berhad’s (Malaysian Re) Insurer Financial Strength (IFS) rating of ‘A’ (Strong) with a Stable Outlook.
The rating actions are based on Fitch's current assessment of the impact of the Coronavirus pandemic (COVID-19), including its economic impact, under a set of Fitch’s ratings assumptions.
A copy of the Press Release issued by Fitch Ratings dated 29 April 2020 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.
