LONDON–(BUSINESS WIRE)–A.M. Best has upgraded the Financial Strength Rating to B+ (Good) from B (Fair) and the Long-Term Issuer Credit Rating to “bbb-” from “bb+” of FAIR Oil & Energy Insurance Syndicate (FOEIS) (Bahrain). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. The ratings reflect FOEIS’ balance sheet strength, which A.M. Best categorises as strong, as well as its adequate operating performance, neutral business profile and appropriate ente
