A.M. Best Affirms Credit Ratings of Construction Guarantee Cooperative

HONG KONG–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” of Construction Guarantee Cooperative (CG) (South Korea). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect CG’s excellent risk-adjusted capitalization, profitable operating results and leading position in South Korea’s surety bond market for the construction industry. CG is a cooperative organization that specializes in wri