AM Best has affirmed the financial strength rating of ‘A’ (excellent) and the long-term issuer credit rating of “a+” (excellent) of Luxembourg-domiciled GreenStars BNP Paribas S.A., a captive subsidiary of BNP Paribas SA. The outlook for the ratings is stable.
The ratings reflect GreenStars’ balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
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