HONG KONG, Nov 3 (Bernama-BUSINESS WIRE) — Fourth paragraph, first sentence of release dated October 30, 2020, should read: BOCGI’s adequate operating performance is supported by a five-year average return-on-equity ratio of 8.4% (instead of BOCGI’s adequate operating performance is supported by a five-year average return-on-equity ratio of 8.1%).
The updated release reads:
AM BEST ASSIGNS CREDIT RATINGS TO BANK OF CHINA GROUP INSURANCE COMPANY LIMITED
AM Best has assigned a Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” to the Bank of China Group Insurance Company Limited (BOCGI) (Hong Kong). The outlook assigned to these Credit Ratings (ratings) is stable.
