Monday, October 5, 2015

A.M. BEST AFFIRMS RATINGS OF SAMSUNG FIRE & MARINE INSURANCE CO., LTD. AND ITS SUBSIDIARIES

HONG KONG, Oct 5 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the financial strength rating (FSR) of A++ (Superior) and the issuer credit rating (ICR) of “aa+” of Samsung Fire & Marine Insurance Co., Ltd. (SFM) (South Korea). Concurrently, A.M. Best has affirmed the FSR of A (Excellent) and the ICR of “a” of SFM’s wholly owned subsidiary, Samsung Reinsurance Pte. Ltd. (SRE) (Singapore). A.M. Best also has affirmed the FSR of A- (Excellent) and the ICR of “a-” of SFM’s subsidiaries, Samsung Vina Insurance Co., Ltd. (SVI) (Vietnam) and PT. Asuransi Samsung Tugu (AST) (Indonesia). The outlook for all ratings is stable.

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