AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Marble Reinsurance Corporation (Marble Re) (Micronesia)
The ratings reflect NEWGT’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management
Japan’s temporary equivalence with respect to reinsurance granted by the European Commission is scheduled to expire on 31 December 2020, in accordance with the Solvency II Directive