AM Best Places Credit Ratings of Ghana Reinsurance PLC Under Review With Negative Implications
AM Best has placed under review with negative implications the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of “bb-” (Fair) of
The under review with negative implications status reflects the uncertainty regarding Ghana Re’s financial position considering the lack of information related to its performance to date in 2024.
The ratings are expected to remain under review with negative implications until AM Best has received 2024 financial information for Ghana Re and subsequently has assessed the company’s rating fundamentals in light of this information.
This press release relates to Credit Ratings that have been published on AM 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 AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.
AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in
Copyright © 2024 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241101260586/en/
Financial Analyst
+44 20 7397 0313
[email protected]
Associate Director, Public Relations
+1 908 882 2310
[email protected]
Associate Director, Analytics
+44 20 7397 0327
[email protected]
Senior Public Relations Specialist
+1 908 882 2318
[email protected]
Source: AM Best
Protective Closes ShelterPoint Acquisition
Missouri Western highlighting women in the Federal Reserve
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News