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AM Best affirms Misr Insurance Company's credit ratings

Published On 24 Dec 2019 11:03 AM


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AM Best has maintained the B++ (Good) Financial Strength Score and the Misr Insurance Company (MIC) (Egypt) Long-Term Issuer Credit Rating of "bbb." The outlook for these ratings is positive. MIC and Misr Life Insurance Company (Egypt) are owned directly by Misr Insurance Holding Company (Egypt) and are part of the Misr Group combined.

The ratings reflect the balance sheet strength of MIC, which is rated as very good by AM ....


Tags : Best's Capital Adequacy Ratio (BCAR), financial performance, Misr Insurance Company, Shanghai,
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