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AM Best Affirms Credit Ratings of Insignia Life S.A. de C.V.
March 5, 2021 GMT
MEXICO CITY--(BUSINESS WIRE)--Mar 5, 2021--
AM Best has affirmed the Financial Strength Rating of B+ (Good), the Long-Term Issuer Credit Rating of “bbb-” and the Mexico National Scale Rating of “aa-.MX” of Insignia Life S.A. de C.V.
(Insignia) (Mexico).
The outlook of these Credit Ratings (ratings) is positive.
The ratings reflect Insignia’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).