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Fitch withdraws ratings on Sri Lanka’s Asian Alliance Insurance due to insufficient information

First Guy

First Guy: Posts : 2599
Join date : 2014-02-22

Post n°1

Fitch withdraws ratings on Sri Lanka’s Asian Alliance Insurance due to insufficient information

by First Guy Mon Dec 22, 2014 7:38 pm

Dec 22,2014 (LBO) - Fitch Ratings Lanka has withdrawn Asian Alliance Insurance PLC's National Insurer Financial Strength Rating and National Long-Term Rating of 'BBB(lka)', the rating agency said in a media release.

The Sri Lanka-based company's Insurer Financial Strength Rating of 'B' has also been withdrawn. All the ratings were on Rating Watch Negative.
The ratings have been withdrawn due to insufficient information to maintain them.

Fitch will no longer provide rating or analytical coverage of this issuer, the release said.

http://www.lankabusinessonline.com/news/fitch-withdraws-ratings-on-sri-lanka%E2%80%99s-asian-alliance-insurance-due-to-insufficient-information/1305032768

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