| General Insurance Corporation of India announced that A M Best has has re-affirmed the existing ratings & additionally assigned India National Scale Rating (NSR) to the General Insurance Corporation of India.
A M Best has further revised the outlook of Financial Strength Rating and Long-Term issuer Rating, as per details given below:
Financial Strength Rating - B++ (Good); Outlook revised to Positive from Stable
Long-Term Issuer Credit Rating - bbb+ (Good); Outlook revised to Positive from Negative
India National Scale Rating (NSR) - aaa.IN (Exceptional) ; Outlook Stable
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