A.M. Best Lowers Ratings of Lemma Insurance Company [Manufacturing Close – Up]
Proquest LLC |
A.M. Best
The outlook for both ratings has been revised to stable from negative.
The rating actions reflect
Lemma's profile and investment portfolio remain concentrated within the
During 2011, Lemma's profit before tax increased to UAH 272 million (
In
Positive rating actions could result from an improvement in Lemma's country risk profile as well as an improvement in risk- adjusted capitalization.
The methodology used in determining these ratings is Best's Credit Rating Methodology, which provides an explanation of
A.M. Best
More Information:
www.ambest.com/ratings/methodology.
((Comments on this story may be sent to [email protected]))
Copyright: | (c) 2012 ProQuest Information and Learning Company; All Rights Reserved. |
Wordcount: | 456 |
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News