OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb” from “bb+” and affirmed the Financial Strength Rating (FSR) of B (Fair) of NCB Insurance Company Limited (NCBIC) (Jamaica). The outlook of these Credit Ratings (ratings) is stable. NCBIC’s direct banking parent is National Commercial Bank Jamaica Limited, which is traded on the Jamaica and Trinidad and Tobago stock exchanges. The ratings reflect NCBIC’s balance sheet strength, whi
