A.M. Best Affirms Credit Ratings of First Capital Insurance Limited

SINGAPORE–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of First Capital Insurance Limited (First Capital) (Singapore). The outlook of these Credit Ratings (ratings) remains stable. The ratings reflect First Capital’s strong risk-adjusted capitalization and consistent operating performance. A.M. Best previously commented that the acquisition of First Capital by Mitsui Sumitomo Insurance Company, Limited, ann