(Source: RAM Holdings Berhad) Published on 20 August 2015 RAM Ratings has assigned claims-paying ability ratings of AA2/Stable/P1 to Malaysian Reinsurance Berhad (Malaysian Re or the Reinsurer). Concurrently, we have assigned an AA3/Stable rating to the Reinsurer's proposed RM250 million Subordinated MTN Programme. The 1 notch difference between Malaysian Re's long-term claims-paying ability ratings and issue rating reflects the subordination of the debt facility to the Reinsurer's policyholders. As Malaysia's national reinsurer, Malaysian Re has enjoyed steady business from local cedants through regulatory "voluntary cession" (VC) arrangements, which have accorded it market...