AM Best Removes From Under Review With Negative Implications, Affirms Credit Ratings of Cathay Century Insurance Company Limited insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.
AM Best has placed under review with negative implications the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Cathay Century Insurance Company Limited. This Credit Rating action is in view of the company’ s exposure to potentially significant claims related to pandemic insurance policies amid the deteriorated COVID-19.