- AM Best has assigned PT Lippo General Insurance Tbk (LGI) a Financial Strength Rating of **A- (Excellent)**, a Long-Term Issuer Credit Rating of **“a-” (Excellent)**, and an Indonesia National Scale Rating (NSR) of **aaa.ID (Exceptional)**, with a **stable outlook**.  **[1278211_a29bab7c7710420ab32a23c11c914389_0]** 
- The ratings reflect LGI's **strong balance sheet strength** and adequate operating performance, which includes a five-year (2020-2024) **return-on-equity ratio of 8.0%** and a **combined ratio of 98.3%**.  **[1278211_a29bab7c7710420ab32a23c11c914389_0]** 
- LGI's risk-adjusted capitalisation is assessed at a **very strong level**, and the company receives rating enhancement due to support from its ultimate parent, **Hanwha Life Insurance Co., Ltd.**.  **[1278211_a29bab7c7710420ab32a23c11c914389_0]** **[1278211_a29bab7c7710420ab32a23c11c914389_1]**

LAZARD GLOBAL TOTAL RETURN & INCOME FUND (LGI)