RAM Ratings assigns AA1 to Etiqa Insurance's proposed RM500m bonds


KUALA LUMPUR: RAM Rating Services Bhd has assigned a final long-term rating of AA1 to Etiqa Insurance Bhd's proposed subordinated bonds of up to RM500mil.

It said on Tuesday Etiqa's long- and short-term claims-paying ability (CPA) ratings were reaffirmed at AAA and P1. Both long-term ratings have a stable outlook.

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