trending Market Intelligence /marketintelligence/en/news-insights/trending/4-ubJHbs73A2MD5Rg-p-yw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Fitch downgrades Asesuisa

Infrastructure Issues: Tools to Dig Deep on Potential Risks

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

2018 US Property Casualty Insurance Market Report

Fintech

Fintech Funding Flows To Insurtech In February


Fitch downgrades Asesuisa

FitchRatings on April 1 lowered its issuer financial strength rating on to EAA+(slv)' from EAAA(slv), with a stable outlook.

The ratingagency said that the downgrade reflects a "sustained trend of deterioration"in the company's credit profile over recent years. It noted that the insurer's combinedratio of 110%, negative ROA and ROE, and its leverage ratio all compare unfavorablyin regard to its market peers.