Best Issues China Rating Report

A.M. Best Co. has released its country risk report on China, classifying it as “Tier III.” It can be accessed at: www.ambest.com.hk/countryrisk.

Best also announced: “Louise Julier, General Manager, Business Development – Ratings for A.M. Best, will be attending Lloyd’s Reinsurance Company (China) Limited’s official opening ceremony next week in its Shanghai office and participating in meetings in Shanghai and Beijing. To contact her 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 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.”