AM Best upgrades AzRe’s financial strength and issuer credit ratings

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Reinsurance News - Nov 29, 2024

AM Best, the credit rating agency, has upgraded the Financial Strength Rating of AzRe Reinsurance, OJSC (AzRe) to B++ (Good) from B+ (Good), and its Long-Term Issuer Credit Rating to “bbb” (Good) from “bbb-” (Good), with a stable outlook for both ratings. These upgrades reflect AzRe’s strong balance...

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