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GICRE receives revision in credit ratings from A M Best, Singapore

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Capital Market
General Insurance Corporation of India has received revision in credit ratings from A. M. Best Asia-Pacific (Singapore) and further revised the outlook of Financial Strength Rating as per details given below-

Financial Strength Rating - B++(Good)/Stable (Revised from A (Excellent)/Negative)

Long term issuer credit rating - bbb+/ Negative (Revised from a-/Negative)

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First Published: Jul 03 2020 | 3:19 PM IST

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