trending Market Intelligence /marketintelligence/en/news-insights/trending/cukvoektxwyeqwmulmwmta2 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.

  • 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 affirms ratings of Mexico-based Old Mutual Life

The 2020 U.S. Renewable Energy Outlook

2019 Latin America Multichannel, Broadband And Mobile Market Overview

2020 Outlook For Latin American Pay TV, Broadband And Mobile Market

Latin American Pay TV, Broadband Market 2019 Recap

Fitch affirms ratings of Mexico-based Old Mutual Life

FitchRatings on Oct. 10 affirmed the A-(mex) national rating of .

The outlookis stable.

The ratingconsidered a benefit of explicit capital and liquidity support from the insurer'scontrolling group, Old Mutual Plc, as stipulated in a deal. Fitch believes theinsurer is important for the controller's holding, noting that the rating takesinto account the willingness and ability of Old Mutual to provide support.

The insureris characterized by a small market share in Mexico, albeit with record growthin premium subscriptions and a better loss ratio compared to the market.However, it also has operating costs that put significant pressure on itstechnical profitability as well as low growth in premiums. The insurer hasadopted a more conservative policy to reduce its high exposure to equityinvestments, Fitch said.