Fitch withdraws ratings on Asian Alliance Insurance

Wednesday, 24 December 2014 00:00 - - {{hitsCtrl.values.hits}}

Fitch Ratings Lanka said yesterday it has withdrawn Asian Alliance Insurance Plc’s National Insurer Financial Strength Rating and National Long-Term Rating of ‘BBB(lka)’. The Sri Lanka-based company’s Insurer Financial Strength Rating of ‘B’ has also been withdrawn. All the ratings were on Rating Watch Negative. The ratings have been withdrawn due to insufficient information to maintain them. Fitch will no longer provide rating or analytical coverage of this issuer.

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