LONDON–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of C++ (Marginal) and the Long-Term Issuer Credit Rating of “b+” of Wapic Insurance Plc (Wapic) (Nigeria). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Wapic’s balance sheet strength, which A.M. Best categorises as strong, as well as its marginal operating performance, limited business profile and marginal enterprise risk management. The ratings also factor in the group’s exposure to th
