LONDON--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to C++ (Marginal) from B- (Fair) and the Long-Term Issuer Credit Rating to “b+” (Marginal) from “bb-” (Fair) of Ghana Reinsurance PLC (Ghana Re) (Ghana). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Ghana Re’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited
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