The ratings of the TSS and TSV are based on the strength of its business profile and diversification strategy to grow product revenue and earnings. The Triple-S name has strong brand recognition in the
Offsetting rating factors include pressure on group commercial membership, a declining trend of operating earnings over the medium term and a weakened economic environment in the companies’ core market of
TSP’s ratings reflect its excellent level of risk-adjusted capitalization, solid operating results primarily driven by investment income and strong market presence in
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Senior Financial Analyst – L/H
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