A.M. Best Affirms Ratings of Life Insurance Corporation (International) B.S.C. (c)

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LONDON--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb+” of Life Insurance Corporation (International) B.S.C. (c) (LICI) (Bahrain). The outlook for both ratings remains stable. The ratings of LICI reflect its strong risk-adjusted capitalisation, sound track record of profit generation and niche market position. Offsetting factors include the lack of an integrated enterprise risk management (ERM) framework and the financia

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