AM Best Downgrades Credit Ratings of Royal Insurance Corporation of Bhutan Limited; Maintains Under Review With Negative Implications Status
SINGAPORE, Sept 30 (Bernama-BUSINESS WIRE) — AM Best has downgraded the Financial Strength Rating to C (Weak) from B- (Fair) and the Long-Term Issuer Credit Rating to “ccc+” from “bb-” of Royal Insurance Corporation of Bhutan Limited (RICB) (Bhutan). Concurrently, AM Best has maintained the under review with negative implications…

