A.M. Best Withdraws Credit Ratings of Macau Life Insurance Company Limited
The ratings reflect MLIC’s balance sheet strength, which
On
MLIC is well-capitalized to support its risk profile, which is highly concentrated on investment risk. The company is one of the smallest players in Macau’s life insurance market in terms of gross premium written in 2016 and mainly distributes long-term products designed by its affiliate,
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and
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