AM Best’s Ethio Re ratings reflect its strong balance sheet

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Reinsurance News - Aug 27, 2024

AM Best has assigned Ethiopian Reinsurance S.C. (Ethio Re) a Financial Strength Rating of B (Fair) and a Long-Term Issuer Credit Rating of “bb” (Fair) with a stable outlook. Ethio Re is a small reinsurer by global standards, established in 2016. It writes a portfolio of composite reinsurance busines...

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