SINGAPORE, May 19 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” ofChina Taiping Insurance (Singapore) Pte. Ltd. (CTIS) (Singapore). The outlook for each rating remains stable. CTIS is a wholly owned subsidiary of China Taiping Insurance Holdings Company Limited.
The ratings reflect CTIS’ adequate risk-adjusted capitalization, good operating performance and the operational and reinsurance support from the group.
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