A.M. Best Removes From Under Review and Downgrades Issuer Credit Rating of Life Insurance Corporation (International) B.S.C. (c)

LONDON–(BUSINESS WIRE)–A.M. Best has removed from under review with negative implications and downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” from “bbb+” and affirmed the Financial Strength Rating of B++ (Good) of Life Insurance Corporation (International) B.S.C. (c) (LICI) (Bahrain). The outlook assigned to these Credit Ratings (ratings) is negative. The ratings were placed under review with negative implications on Oct. 13, 2017, following the release of the updated B