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AM Best Affirms Credit Ratings of Grupo Financiero Aserta, S.A. de C.V. and Its Main Subsidiaries
December 10, 2020 GMT
MEXICO CITY (BUSINESS WIRE) Dec 10, 2020
AM Best has affirmed the Mexico National Scale Rating (NSR) of “aa-.MX” and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” of Grupo Financiero Aserta, S.A. de C.V. (GFA). Concurrently, AM Best has affirmed the NSR of “aaa.MX”, the Financial Strength Rating of A- (Excellent) and the Long-Term ICR of “a-” of Aseguradora Insurgentes, S.A. de C.V. (AISA) and its sister company, Aseguradora Aserta, S.A. de C.V. (Aserta), which are the main subsidiaries of GFA. The outlook of these Credit Ratings (ratings) is stable. All companies are domiciled in Mexico City, Mexico.