AM Best Affirms Credit Ratings of PT KB Insurance Indonesia with Stable Outlook

Banking News — AM Best has affirmed the Financial Strength Rating of B++ (Good), the Long-Term Issuer Credit Rating of “bbb+” (Good), and the Indonesia National Scale Rating (NSR) of aaa.ID (Exceptional) for PT KB Insurance Indonesia (KB Indonesia). The outlook for all ratings remains stable. The affirmation reflects KB Indonesia’s strong balance sheet strength,…