KUALA LUMPUR, January 30 — PolicyStreet’s reinsurance arm, Polisea Labuan Ltd., has secured an ‘a’ rating from RAM Rating Services Berhad following a Labuan Entity Corporate Assessment (LECA). The rating highlights the company’s strong financial resilience, including a capital adequacy ratio of 1,789% as of September 2024, underscoring its ability to meet financial obligations and drive sustainable growth in the dynamic insurance industry.
“This achievement reflects our disciplined approach to risk management and innovation,” said Winnie Chua, Co-Founder of PolicyStreet. The rating bolsters PolicyStreet’s capacity to expand regionally, form impactful partnerships, and address the protection needs of underserved communities across Southeast Asia and Australia. For more information, visit policystreet.com.
