SINGAPORE--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of First Capital Insurance Limited (First Capital) (Singapore). The outlook for both ratings remains stable. The ratings consider First Capital’s favorable baseline capitalization, strong operating performance and good business profile. Capital leverage measures have trended downward with consistent capital growth. Management has been effective in profitably dive
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