HONG KONG--(BUSINESS WIRE)--A.M. Best has revised the outlook to stable from positive and affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb+” of United India Insurance Company Limited (UIIC) (India). The revised outlook follows UIIC’s slower than anticipated improvement in underwriting over the past three years. The underwriting performance of UIIC has improved since fiscal year 2011-12; however, the actual performance was continuously worse than projecte
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