trending Market Intelligence /marketintelligence/en/news-insights/trending/1hpOI9V12w2d3IEG-4Ogrw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Fitch upgrades BCI's insurance units on solid business profiles

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report


Fintech Funding Flows To Insurtech In February

Lemonade Growing Premiums Faster Than Esurance's Homeowners Business Did

Fitch upgrades BCI's insurance units on solid business profiles

Fitch Ratings on Aug. 7 upgraded the national ratings of BCI Seguros Generales SA and BCI Seguros Vida SA to AA+(cl) from AA(cl), citing the insurance companies' solid business profiles.

BCI Seguros Generales' business profile is anchored on its stable market position and business diversification, which give it broad advantages amid very strong competition, Fitch said.

Likewise, BCI Seguros Vida showed improvements in the concentration of its business and distribution channels, adding to its leading position in its main markets as well as the synergistic relationship it maintains with its sister unit, the rating agency noted.

However, the Chilean companies' ratings are constrained by their high leverage indicators and, for BCI Seguros Generales, an investment portfolio that has a large share of risky assets.

Both companies belong to the Banco de Credito e Inversiones SA group.