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Best’s News & Research Service - August 13, 2018 08:08 AM (EDT)

A.M. Best Comments on Credit Ratings of Jordan Insurance Company Plc.

  • August 13, 2018 08:08 AM (EDT)
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London //BestWire// - A.M. Best has commented that the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Jordan Insurance Company Plc. (JIC) (Jordan), remain unchanged following the decision by JIC’s General Assembly, on 29 July 2018, to sell the entire shares of the company to Aetna Insurance Company (Aetna) and allow them to carry out verification and audit of the company records. A.M. Best will continue to monitor the developing situation and react if a definitive offer is made.

This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.

A.M. Best is a global rating agency and information provider with a unique focus on the insurance industry.



Middle East Commentary Financial Strength Jordan Press Release Insurance Issuer Credit Rating Best's Credit Rating Action


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