A.M. Best raises Sava Re's rating

A.M. Best has improved Sava Re's financial strength rating from "A-" (excellent) to "A" (excellent) and its long-term issuer credit rating from "a-" to "a" with a stable outlook for the two ratings.

The rating agency's report shows a very strong balance sheet of the group as well as a strong operational performance.

The neutral business profile and the sound business risk management are all positive factors for the Slovenian reinsurer.