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TIIC |
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Best's opinion, TIIC has a distinctive business profile in the Arab and Afro-Asian markets. An increase in prospective retained earnings in 2004 and 2005 will ensure TIIC maintains its current level of risk-adjusted capitalisation after factoring the proposed additional marketing initiatives in North Africa and Middle and Far East Asia. Best believes the company is likely to continue returning operating profits through 2004 with a continued improvement in the combined ratio to less than 100% by 2004, as TIIC benefits from its selective approach to underwriting. |
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