HONG KONG–(BUSINESS WIRE)–A.M. Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” to COSCO SHIPPING Captive Insurance Co., Ltd. (COSCO SHIPPING Captive) (China). The outlook assigned to these Credit Ratings (ratings) is stable. COSCO SHIPPING Captive is a newly incorporated pure captive of China COSCO SHIPPING Corporation Limited (COSCO SHIPPING). Incorporated in February 2017 and headquartered in Shanghai, COSCO SHIPPING Captive mainly