A.M. Best Affirms Ratings of ASSA Compania de Seguros, S.A.
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The ratings reflect ASSA’s continued excellent operating results, favorable capitalization and strong business profile.
Partially offsetting these positive rating factors is ASSA’s risk concentration in a geographically limited insurance market along with operating in a country, which
Positive rating actions could occur if
The methodology used in determining these ratings is Best’s Credit Rating Methodology, which provides a comprehensive explanation of A.M. Best’s rating process and contains the different rating criteria employed in the rating process. Key criteria utilized include: “Risk Management and the Rating Process for Insurance Companies”; “Understanding BCAR for Property/Casualty Insurers”; “Understanding Universal BCAR”; “Catastrophe Analysis in A.M. Best Ratings”; and “Assessing Country Risk.” Best’s Credit Rating Methodology can be found at www.ambest.com/ratings/methodology
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