IRB Brasil RE announces that, in a report disclosed this Thursday (May 30th), the risk rating agency A.M. Best Rating Services (“AM Best”) rose the financial strength rating of the company from “A-” (Excellent) to “A” (Excellent). The long-term credit rating was also risen from “a-” to “a”. The credit perspective was reconsidered from “positive” to “stable”. The rating scale of the agency is global.
AM Best is a global agency for the rating of risk, focusing on the insurance and reinsurance sectors.
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