Fitch upgrades IFS ratings of both Thai Life and Muang Thai Life to 'A-', ou
Fitch Ratings on Monday upgraded Thai Life Insurance’s insurer financial strength (IFS) rating to “A-“ (strong) from “BBB+” (good), and affirmed the listed company’s national IFS Rating at “AAA(tha)”. The outlooks for both are stable, while the Under Criteria Observation status on the ratings has also been removed.
The outlooks for both are stable, while the Under Criteria Observation status on the ratings has also been removed.
Fitch, meanwhile, announced exactly the same IFS upgrade and affirmation for Muang Thai Life Assurance as for Thai Life, also with stable outlooks.
Muang Thai Life’s Under Criteria Observation status on the ratings has also been removed.
