Insurance Post

AM Best withdraws ratings of B&B Insurance

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Ratings agency AM Best Europe has downgraded the financial strength rating of B&B Insurance Co (Belarus) to C- (Weak) from C (Weak) and issuer credit rating (ICR) to “cc” from “ccc+”.

Both ratings have been removed from under review with developing implications and assigned a negative outlook.

Concurrently, AM Best has withdrawn the ratings at the company's request to no longer

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