A.M. Best Affirms Credit Ratings of Nacional de Reaseguros, S.A.
The ratings reflect Nacional’s balance sheet strength, which
Nacional’s risk-adjusted capitalisation remains at the strongest level, as measured by Best’s Capital Adequacy Ratio (BCAR), supported by strong internal earnings generation and modest underwriting leverage. The company’s balance sheet also benefits from a prudent reserving approach and limited catastrophe exposure as most natural perils in
Nacional’s disciplined underwriting approach and limited exposure to natural catastrophes in its domestic market have contributed to consistently solid technical results, with five-year (2013-2017) combined ratios of 93.3%. In 2017, Nacional’s performance was dampened by natural catastrophe events in
Nacional maintains a strong competitive position as a leading independent reinsurer in
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and
Copyright © 2018 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181025005846/en/
Associate Director
[email protected]
or
Senior Director, Analytics
[email protected]
or
Manager, Public Relations
[email protected]
or
Director, Public Relations
[email protected]
Source:
Here’s where the Maine House of Representatives candidates stand on key issues
Councilman charged with felony
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News