Monday, May 29, 2017

A.M. BEST AFFIRMS CREDIT RATINGS OF DTRIC INSURANCE COMPANY, LIMITED

HONG KONG, May 29 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of DTRIC Insurance Company, Limited (DTRIC), and its reinsured affiliate, DTRIC Insurance Underwriters, Limited. The outlook of these Credit Ratings (ratings) is stable. Both companies are domiciled in Honolulu, HI.

The ratings reflect DTRIC’s adequate risk-adjusted capitalization and improved operating performance. The ratings also reflect the implicit and explicit support provided by its ultimate parent company, Aioi Nissay Dowa Insurance Company Limited (ADI), which currently owns 74.8% of DTRIC’s shares. ADI is a wholly owned subsidiary of MS&AD Insurance Group Holdings, Inc.

http://mrem.bernama.com/viewsm.php?idm=29244

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