Our view of Milli Reasurans T.A.S.' (Milli Re) quality of investments and financial flexibility has improved following the rating actions on its parent, Türkiye Is Bankasi A.S. We are raising the Turkish national scale rating on Milli Re to 'trA+' from 'trA'. LONDON (Standard&Poor's) Sept. 23, 2009--Standard&Poor's Ratings Services said today that it raised its Turkish national scale rating on Istanbul-based Milli Reasurans T.A.S. (Milli Re) to 'trA+' from 'trA'. "The upgrade reflects an improvement in our view of Milli Re's quality of investments and financial flexibility following the rating actions on Milli Re's parent, Türkiye Is Bankasi A.S.," said Standard&Poor's credit analyst Neil Gosrani. (For more information, see related article titled "Outlooks On
