OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb+” of Austral Resseguradora S.A. (Austral Re) (Brazil). The outlook for both ratings is stable. The ratings reflect Austral Re’s more than adequate risk-adjusted capitalization, comprehensive retrocessional program and the successful implementation thus far of the company’s business plan. Additionally, in its first years of operations, Austral Re has produced po
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