FW: MARC WITHDRAWS ITS INSURER FINANCIAL STRENGTH RATING ON FWU LIFE

 

 

 

P R E S S  A N N O U N C E M E N T

                       

FOR IMMEDIATE RELEASE

 

MARC WITHDRAWS ITS INSURER FINANCIAL STRENGTH RATING ON FWU LIFE

 

MARC has withdrawn its insurer financial strength rating of AA-/stable on Luxembourg-based FWU Life Insurance Lux S.A. (FWU Life) upon a request made by the insurance company. With the withdrawal, MARC will no longer provide analytical coverage on FWU Life.

 

Contacts: Joan Leong, +603-2717 2934/ joan@marc.com.my, Sharidan Salleh, +603-2717 2954/ sharidan@marc.com.my.

 

November 24, 2017

 

[This announcement is available in the MARC corporate homepage at http://www.marc.com.my]

----   DISCLAIMER    ----

This communication is provided by Malaysian Rating Corporation Berhad (MARC) on the basis of information believed by MARC to be accurate and reliable as derived from publicly available sources or provided by the rated entity or its agents. MARC, however, has not independently verified such information and makes no representation as to the accuracy or completeness of such information. Any assignment of a credit rating by MARC is solely to be construed as a statement of its opinion and not a statement of fact. A credit rating is not a recommendation to buy, sell, or hold any security.

 

© 2017 Malaysian Rating Corporation Berhad

 

 

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