Moody's on April 29 assigned ' and A2insurance financial strength ratings.
The ratings action reflects Tryg's leadership position inproperty and casualty insurance in the Nordic region, its strong profitability,its "very good" asset quality and relatively low financial leverageat 2015-end. The ratings outlook is positive,which reflects the agency's expectation that Tryg's strengths are likely tocontinue and that capitalization will remain robust.
Tryg, on the same day, announced that it terminated theratings agreement with Standard & Poor's Ratings Services.
S&P Ratings andS&P Global Market Intelligence are owned by S&P Global Inc.