AM Best downgrades Tunis Re’s long-term credit rating, citing economic and political risks
Reinsurance News - May 11, 2023
AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) of Société Tunisienne de Réassurance (Tunis Re) to “bb” (Fair) from “bb+” (Fair). The rating agency also affirmed the Financial Strength Rating (FSR) of B (Fair) for the company. Additionally, the outlo...
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