A.M. Best Affirms Credit Ratings of Milli Reasurans Turk Anonim Sirketi

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 Milli Reasurans Turk Anonim Sirketi (Milli Re) (Turkey). The outlook of these Credit Ratings (ratings) remains negative. The ratings reflect Milli Re’s strong business profile in the Turkish market as well as its strong earnings track record which, however, remains highly reliant on investment income. The negative outlook of the ratings continues to refl