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AM Best Removes From Under Review With Negative Implications, Downgrades Credit Ratings of PT Asuransi Jasa Indonesia

AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to C from B and the Long-Term Issuer Credit Rating to“ ccc+” from“ bb+” of PT Asuransi Jasa Indonesia. The ratings of Asuransi Jasindo were placed under review with negative implications on 19 May 2021, following a significant deterioration in the company’. ....

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