FitchRatings on April 5 said it affirmed the national scale rating of theobligations of MetLife ChileSeguros de Vida SA at AA+(cl) with a stable outlook.
The affirmationis based on the maintenance of the insurer's adequate operating performance,solid positioning and market leadership. It also considers a limited leveragedue to the strong operating performance, adequate and conservative managementof assets and liabilities as well as an implicit support from owner
Fitchbelieves MetLife Chile is an important unit for MetLife, which in turn has thecapacity to support the Chilean unit if necessary.