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 SNIC Insurance B.S.C. (c) (SNIC) (Bahrain). The outlook of these Credit Ratings (ratings) remains stable. The ratings reflect SNIC’s strong risk-adjusted capitalisation. Offsetting rating factors include the company’s limited business profile and marginal operating performance. SNIC has a strong level of risk-adjusted capitalisation, resulting from a low
