A.M. Best Releases Country Risk Report on China.OLDWICK, N.J. -- A.M. Best Co. has released its country risk report on China and has classified it as Tier III. The report can be accessed at www.ambest.com.hk/countryrisk. Louise Julier, General Manager, Business Development - Ratings for A.M. Best, will be attending Lloyd's Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. Company (China) Limited's official opening ceremony next week in its Shanghai Shanghai (shăng`hī`, shäng`hī`), city (1994 est. pop. 12,980,000), in, but independent of, Jiangsu prov., E China, on the Huangpu (Whangpoo) River where it flows into the Chang (Yangtze) estuary. office and participating in meetings in Shanghai and Beijing. To contact Ms. Julier, please call +44 779 852 7889 or email louise.julier@ambest.com. On April 2, 2007, A.M. Best issued its first rating in China to Lloyd's Reinsurance Company (China) Limited (LRCCL). The company was assigned as·sign tr.v. as·signed, as·sign·ing, as·signs 1. To set apart for a particular purpose; designate: assigned a day for the inspection. 2. a financial strength rating of A (Excellent) and an issuer credit rating of "a". The ratings are in line with that of LRCCL's parent company, Lloyd's of London Not to be confused with Lloyds Bank or Lloyd's Register. Lloyd's of London is a British insurance market. It serves as a meeting place where multiple financial backers or “members”, whether individuals (traditionally known as . Founded in 1899, A.M. Best Company is a full-service credit rating organization dedicated to serving the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industries, including the banking and insurance sectors. For more information, visit www.ambest.com. |
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