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Stock impact report

AM Best Affirms Credit Ratings of Assurant Daños México, S.A. and Assurant Vida México, S.A. [Yahoo! Finance]

Assurant, Inc. (AIZ) 
Last assurant, inc. earnings: 2/11 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Rating (Long-Term ICR) of "a-" (Excellent) of Assurant Daños México, S.A. (ADM) and Assurant Vida México, S.A. (AVM). The outlook of these Credit Ratings (ratings) is positive. AM Best also has affirmed the Mexico National Scale Rating (NSR) of "aaa.MX" (Exceptional) of ADM and AVM. The outlook of the NSR is stable. The ratings reflect ADM's and AVM's balance sheet strength, which AM Best assesses as strong, as well as each company's adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). The positive outlook on the FSR and Long-Term ICRs reflect AM Best's expectation that the company's balance sheet strength will continue to improve, underpinned by positive bottom-line results. 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. The ratings also consider the solid reinsurance structure mainly supported b Show less Read more
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