Posted on 20070
AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of AVLA Perú Compañía de Seguros
S.A.
(AVLAP) (Lima, Peru). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect AVLAP’s balance sheet strength, which AM Best categorizes as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
AVLAP is a Peru-based property/casualty insurer that began operations in 2015. It specializes in surety, with complimentary lines of credit insurance and engineering, and ranks eighth among non-life carriers in Peru and second in the country’s surety segment based on market share.
Posted on 16703
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Société Hospitalière d’Assurances Mutuelles (Sham) (France). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Sham’s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
Sham’s balance sheet strength is underpinned by its risk-adjusted capitalisation, which is at the strongest level, as measured by Best’s Capital Adequacy Ratio (BCAR). AM Best expects Sham’s risk-adjusted capitalisation to remain at the strongest level through the medium term. The company benefits from a liquid investment portfolio composed of high quality assets and a history of prudent reserving. Offsetting factors in the assessment include a high
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AM Best Affirms Credit Ratings of Custodian and Allied Insurance Limited
February 4, 2021 GMT
LONDON (BUSINESS WIRE) Feb 4, 2021
AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” of Custodian and Allied Insurance Limited (CAI) (Nigeria). The outlook of these Credit Ratings (ratings) is stable. CAI is the wholly owned non-life subsidiary of Custodian Investment Plc.
The ratings reflect CAI’s balance sheet strength, which AM Best categorises as very strong, as well as its strong operating performance, limited business profile and marginal enterprise risk management (ERM).
AM Best Affirms Credit Ratings of Société Hospitalière d Assurances Mutuelles
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- of Société Hospitalière d Assurances Mutuelles (Sham) (France). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Sham s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
Sham s balance sheet strength is underpinned by its risk-adjusted capitalisation, which is at the strongest level, as measured by Best s Capital Adequacy Ratio (BCAR). AM Best expects Sham s risk-adjusted capitalisation to remain at the strongest level through the medium term. The company benefits from a liquid investment portfolio composed of high quality assets and a history of prudent reserving. Offsetting factors in the assessment include a high dependenc