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Fitch publishes Achmea's long-term issuer default rating

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Fitch publishes Achmea's long-term issuer default rating

Fitch Ratings published Dutch insurer Achmea BV's long-term issuer default rating of A and units Achmea Pensioen- en Levensverzekeringen NV, Achmea Schadeverzekeringen NV and Achmea Zorgverzekeringen NV's insurer financial strength ratings of A+ (Strong), with stable outlooks on all the ratings.

The agency said the ratings reflect Achmea's "very strong" business profile and capitalization, although it noted that the group's profitability and debt servicing capabilities are rating weaknesses.

Fitch said it considers the units, which together comprise Achmea Insurance, as core to the group.