Insurance Post

Tapiola has rating affirmed by AM Best

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Tapiola General Mutual, Finland’s largest mutual insurer, has had its financial strength rating of A (Excellent) and its issuer credit rating of “A” affirmed by ratings agency, AM Best. The outlook for both ratings is stable.

Despite a weak technical performance in 2010, Tapiola General is expected to maintain an excellent stand alone risk-adjusted capitalisation in 2011, the agency said.

The company's balance sheet

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