A.M. Best Revises Outlooks to Negative for Labuan Reinsurance (L) Ltd

SINGAPORE–(BUSINESS WIRE)–A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Labuan Reinsurance (L) Ltd (Labuan Re) (Malaysia). The ratings reflect Labuan Re’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. The revision of the outlooks to ne