A.M. Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of SCHWARZMEER UND OSTSEE Versicherungs-Aktiengesellschaft

LONDON–(BUSINESS WIRE)–A.M. Best has removed from under review with negative implications and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of SCHWARZMEER UND OSTSEE Versicherungs-Aktiengesellschaft (SOVAG) (Germany). The outlook assigned to these Credit Ratings (ratings) is negative. The ratings reflect SOVAG’s solid risk-adjusted capitalisation and strong liquidity profile. SOVAG’s financial strength was enhanced in February 2017 by a m