S&P Global Ratings (S&P), the pre-eminent corporate ratings agency, has affirmed the rating ´A- with stable outlook´ for Alandia Insurance in its latest report.
In its Research Update report dated 21 December, 2018, S&P based the unchanged rating with continued stable outlook on Alandia’s capital adequacy at a substantially redundant AAA level, according to the rating agency’s risk-based capital model. The rating also reflects Alandia’s current investment portfolio model and sound underwriting-focused business growth strategy.
Alandia’s CEO Tony Karlström commented: ”S&P’s affirmed rating is the result of a disciplined work in the handling of both insurance and investment risks in a balanced and long term manner to the benefit of our clients.”
For further information, please contact:
Tony Karlström, CEO
+358 18 29 000