Sunday 29, December 2013 by Matthew AmlĂ´t

RAM reaffirm Hong Leong Assurance’s AA2/P1 claims-paying ability and AA3 subordinated note programme

RAM Ratings has reaffirmed Hong Leong Assurance Berhad’s (HLA or the Company) respective long- and short-term claims-paying ability (CPA) ratings, at AA2 and P1. Concurrently, RAM have also reaffirmed the AA3 rating of the Company’s Subordinated Note Programme of up to MYR 500 million. Both long-term ratings have a stable outlook.

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