AM Best removes rating of Lemma from under review
AM Best Europe has removed the rating of Lemma Insurance Company from under review with negative implications and affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-”.
The outlook assigned to both ratings is negative.
The rating actions follow the recent publication of Ukraine-based Lemma's financial results for 2009 and 2010. The ratings reflect Lemma's strong
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