LONDON–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Victoria Insurance Company JSC (Victoria) (Kazakhstan). The outlook of these Credit Ratings (ratings) remains negative. The maintenance of the negative outlooks reflects the uncertainty associated with Victoria’s business strategy, which has been subject to frequent modification, as well the company’s underdeveloped risk management framework. The ratings
