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AM Best affirms rating of Arval Service Lease captive

AM Best has affirmed the financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent) of Ireland-domiciled Greenval Insurance Designated Activity Company. The outlook of these credit ratings is stable.

Greenval is the captive motor insurer for Arval Service Lease SA, a vehicle-leasing company wholly owned by BNP Paribas SA, a global banking group headquartered in France.

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