Fitch Ratings has affirmed HSBC Amanah Takaful (Malaysia) Sdn Bhd’s (HSBCAT) Insurer Financial Strength (IFS) rating at ‘A-’ with Stable Outlook.
The rating reflects the important role HSBCAT plays in the insurance franchise of HSBC group. The rating also reflects HSBC group’s franchise value, distribution channel and management support. HSBCAT benefits from its parent’s widely recognised brand name, product and distribution capabilities, as well as other management resources………………………………………..Full Article: Source