General Insurance Corporation of India (GIC Re), a leading global reinsurer, has received an affirmation of its Financial Strength Rating (FSR) and Long-Term Issuer Credit Rating (ICR) from AM Best, a globally recognized credit rating agency.
AM Best has affirmed GIC Re’s FSR at “A-” (Excellent), Long-Term ICR at “a-” (Excellent), and India National Scale Rating (NSR) at aaa.IN (Exceptional). The outlook for all ratings remains stable.