AM Best assigns 'A-' rating to Starr Property & Casualty (China)
Following completion of Starr's purchase of the controlling stake in Dazhong Insurance, the renamed entity Starr Property & Casualty has been assigned an 'A-' rating.
The rating is a reflection of Starr China's "risk-adjusted capitalisation" and "prudently managed investment portfolio".
New York-based Starr Companies plans to expand the Shanghai-based insurer
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