A.M. Best Affirms Credit Ratings of Bankers Assurance S.A.L.

LONDON–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Bankers Assurance S.A.L. (Bankers) (Lebanon). The outlook of these Credit Ratings (ratings) remains stable. The ratings reflect Bankers’ strong risk-adjusted capitalisation, track record of solid technical performance and good business profile in the Lebanese market. An offsetting rating factor is Bankers’ concentrated exposure to the economic and politi