Lloyd's Chinese start-up given equal rating
A.M. Best has assigned a financial strength rating of A (Excellent) and an issuer credit rating of “a” to Lloyd’s Reinsurance Company (China), which is in line with the corporation's UK rating. The outlook on the FSR is stable, and the outlook on the ICR is positive, in line with the Lloyd’s ratings.
The ratings of LRCCL reflect explicit support from Lloyd’s in the form of a quota share retrocession contract that transfers substantially all risks written to Lloyd’s syndicates that elect to write
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