SINGAPORE–(BUSINESS WIRE)–A.M. Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” from “bbb+” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of United India Insurance Company Limited (United India) (India). The outlook of the FSR has been revised to negative from stable, while the outlook of the Long-Term ICR remains negative. The actions taken on these Credit Ratings (ratings) reflect the company’s deteriorating trend in underwriting performance a
