A.M. Best Comments on Credit Ratings of Macau Insurance Company Limited, Amid Pending Regulatory Decision on Guaranteeing of Technical Reserves

HONG KONG–(BUSINESS WIRE)–A.M. Best has commented that the Credit Ratings (ratings) of Macau Insurance Company Limited (Macau Insurance) (Macau) remain unchanged despite a pending decision by the regulator on the amount of technical reserves required to be guaranteed, which involves fronting business from Typhoon Hato-related claims. A.M. Best expects the required reserves that are guaranteed by assets will be manageable for Macau Insurance, due to its balance sheet strength. The company had