OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has as affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” of Austral Resseguradora S.A. (Austral Re) and Austral Seguradora S.A. (Austral Seg). The outlook of these Credit Ratings (ratings) is stable. Both companies (collectively Austral) are domiciled in Brazil. The ratings reflect Austral Re and Austral Seg’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate
