OREANDA-NEWS. A.M. Best has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Société Tunisienne de Réassurance (Tunis Re) (Tunisia). The outlook for each rating remains stable.

The ratings reflect Tunis Re’s strong risk-adjusted capitalisation, good operating performance and solid business position in its domestic market. The ratings also recognise Tunis Re’s exposure to the macroeconomic and political conditions in Tunisia, its core market.