Business
AM Best Upgrades Issuer Credit Rating of ICM Assurance Ltd
OLDWICK, N.J., November 04, 2025--AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to "a+" (Excellent) from "a" (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of ICM Assurance Ltd (ICMA) (Barbados). The outlook of the Long-Term ICR has been revised to stable from positive while the outlook of the FSR is stable. ICMA is a single-parent captive insurer, wholly owned by CNOOC International Limited, which is in turn wholly owned by CNOOC Limited
About this update from Cnooc Limited Class A
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