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AM Best Revises Outlooks to Positive, Affirms Credit Ratings of Assurant Daños México, S.A. and Assurant Vida México, S.A.

AM Best also has affirmed the Mexico National Scale Rating of“ aaa.MX” of ADM and AVM. The outlook of the NSR is stable. The ratings of ADM and AVM also reflect their affiliation and strategic importance to Assurant, Inc., the ultimate parent, as a stepping stone to grow in the Latin America market. ADM and AVM initiated operations in 2004 and are owned by Assurant. ....

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AM Best Affirms Credit Ratings of Virginia Surety Seguros de Mxico, S.A. de C.V.

Posted on
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AM Best has affirmed the Financial Strength Rating of A-(Excellent), the Long-Term Issuer Credit Rating of “a-” and the Mexico National Scale Rating of “aaa.MX” of Virginia Surety Seguros de México S.A. de C.V. (VSSM) (Mexico City, Mexico). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect VSSM’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
The ratings also reflect the company’s balance sheet strength assessed at a strong level since it began operations in Mexico. The ratings of VSSM also factor its recent affiliation and strategic importance to ....

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AM Best Affirms Credit Ratings of Assurant Daños México, S.A. and Assurant Vida México, S.A.

Press release content from Business Wire. The AP news staff was not involved in its creation.
AM Best Affirms Credit Ratings of Assurant Daños México, S.A. and Assurant Vida México, S.A.
February 25, 2021 GMT
MEXICO CITY (BUSINESS WIRE) Feb 25, 2021
AM Best has affirmed the Financial Strength Rating of A- (Excellent), the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” and the Mexico National Scale Rating of “aaa.MX” of Assurant Daños México, S.A.
(ADM) and
(AVM).
The outlook of these Credit Ratings (ratings) is stable. Both companies are domiciled in Mexico City, Mexico. ....

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