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 Insurance Company London-Almaty JSC (London Almaty) (Kazakhstan). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect London Almaty’s balance sheet strength, which A.M. Best categorises as strong, as well as its marginal operating performance, very limited business profile and weak enterprise risk management (ERM). The company
