AM Best Removes From Under Review With Positive Implications and Upgrades Credit Ratings of Himalayan Reinsurance Limited

SINGAPORE, January 24, 2024--AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to B+ (Good) from B (Fair) and the Long-Term Issuer Credit Rating to "bbb-" (Good) from "bb+" (Fair) of Himalayan Reinsurance Limited (Himalayan Re) (Nepal). The outlook assigned to these Credit Ratings (ratings) is stable.

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