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AM Best Revises Outlooks to Positive, Affirms Credit Ratings of Grupo Aserta S.A.P.I. de C.V. and Its Main Subsidiaries

AM Best Revises Outlooks to Positive, Affirms Credit Ratings of Grupo Aserta S.A.P.I. de C.V. and Its Main Subsidiaries
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Stock Market | FinancialContent Business Page
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IFR SNAPSHOT - Inflation figure stuns, corporate primaries go idle

IFR SNAPSHOT - Inflation figure stuns, corporate primaries go idle
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AM Best Affirms Credit Ratings of Grupo Financiero Aserta, S.A. de C.V. and Its Main Subsidiaries

Concurrently, AM Best has affirmed the NSR of“ aaa.MX”, the Financial Strength Rating of A- and the Long-Term ICR of“ a-” of Aseguradora Insurgentes, S.A. de C.V., and its sister company, Aseguradora Aserta, S.A. de C.V., which are the main subsidiaries of GFA. In January 2017, AISA and Aserta were authorized to operate as insurances entities under a seguro de caución license,. ....

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AM Best Affirms Credit Ratings of Grupo Financiero Aserta, S.A. de C.V. and Its Main Subsidiaries

Press release content from Business Wire. The AP news staff was not involved in its creation.
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. ....

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