AM Best Affirms Credit Ratings of HDFC International Life and Re Company Limited
LONDON--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of HDFC International Life and Re Company Limited (HDFC) (United Arab Emirates), a subsidiary of HDFC Life Insurance Company Limited, which in turn is majority held by HDFC Bank Limited. The outlook of these Credit Ratings (ratings) is stable. The ratings reflect HDFC’s balance sheet strength, which AM Best assesses as strong, as well as its adequate o