{"id":12501,"date":"2026-05-28T18:58:00","date_gmt":"2026-05-28T16:58:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=211e9aef22a5411864f95859172d39a6"},"modified":"2026-05-28T18:58:00","modified_gmt":"2026-05-28T16:58:00","slug":"am-best-places-credit-ratings-of-labuan-reinsurance-l-ltd-under-review-with-developing-implications","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=12501","title":{"rendered":"AM Best Places Credit Ratings of Labuan Reinsurance (L) Ltd Under Review With Developing Implications"},"content":{"rendered":"

SINGAPORE--(BUSINESS WIRE)--#insurance<\/a>--AM Best <\/b>has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of \u201ca-\u201d (Excellent) of Labuan Reinsurance (L) Ltd (Labuan Re) (Malaysia).<\/p><\/a><\/a>

\nThe Credit Ratings (ratings) have been placed under review with developing implications following the May 19, 2026, announcement that MNRB Holdings Berhad (MNRB) has entered into a conditional share purchase agreement to acquire an 80% equity interest in Labuan Re for a total cash consideration of approximately USD100.69 million (equivalent to RM400.49 million).<\/p>

\nMalaysian Reinsurance Berhad (Malaysian Re), MNRB\u2019s wholly owned subsidiary, currently holds a 20% equity stake in Labuan Re. Upon completion of the transaction, Malaysian Re will retain its existing 20% stake, while MNRB will hold the remaining 80%, making Labuan Re a wholly owned subsidiary of MNRB. The transaction is expected to be completed in the fourth quarter of 2026, subject to regulatory approval.<\/p>

\nThe ratings will remain under review with developing implications pending completion of the transaction and AM Best\u2019s review of Labuan Re\u2019s credit rating fundamentals post-acquisition.<\/p>

\nRatings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.<\/b><\/p>

\nThis press release relates to Credit Ratings that have been published on AM Best\u2019s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best\u2019s Recent Rating Activity<\/a> web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best\u2019s Credit Ratings<\/a>. For information on the proper use of Best\u2019s Credit Ratings, Best\u2019s Performance Assessments, Best\u2019s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best\u2019s Ratings & Assessments<\/a>.<\/b><\/p>

\nAM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com<\/a>.<\/b><\/p>

\nCopyright \u00a9 2026 by A.M. Best Rating Services, Inc. and\/or its affiliates. ALL RIGHTS RESERVED.<\/b><\/p> Contacts<\/b>

\nSusan Tan<\/b>Senior Financial Analyst<\/b>+65 6303 5023<\/b>susan.tan@ambest.com<\/a>\nYi Ding<\/b>Associate Director, Analytics<\/b>+65 6303 5021<\/b>yi.ding@ambest.com<\/a>\nChristopher Sharkey<\/b>Associate Director, Public Relations<\/b>+1 908 882 2310<\/b>christopher.sharkey@ambest.com<\/a>\nAl Slavin<\/b>Senior Public Relations Specialist<\/b>+1 908 882 2318<\/b>al.slavin@ambest.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

SINGAPORE–(BUSINESS WIRE)–#insurance–AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of \u201ca-\u201d (Excellent) of Labuan Reinsurance (L) Ltd (Labuan Re) (M…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12501","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/12501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12501"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/12501\/revisions"}],"predecessor-version":[{"id":12502,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/12501\/revisions\/12502"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}