SINGAPORE, Sept 17 (Bernama) -- A.M. Best has affirmed the financial
strength rating of B+ (Good) and the issuer credit rating of “bbb-” of
Beneficial Insurance Limited (BIL) (New Zealand). The outlook for both
ratings is stable.
The rating affirmations reflect BIL’s adequate risk-adjusted
capitalization, continued growth of its pet health insurance business,
and low product risk profile.
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