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21.10.26 - 23:24
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AM Best Affirms Credit Ratings of Seguros Inbursa, S.A. Grupo Financiero Inbursa (Business Wire)
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MEXICO CITY--(BUSINESS WIRE)--#insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent), the Long-Term Issuer Credit Rating of “a+” (Excellent) and the Mexico National Scale Rating of “aaa.MX” (Exceptional) of Seguros Inbursa, S.A. Grupo Financiero Inbursa (Seguros Inbursa) (Mexico). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Seguros Inbursa's balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
Seguros Inbursa's balance sheet strength is underpinned by its risk-adjusted capitalization at the strongest level, as measured by Best's Capital Adequacy Ratio (BCAR). The ratings also reflect the company's strong operating performance, driven by consistent profitability mainly supported by a stable flow of investment income, as well as low underwriting leverage, a diversified business profile and its affiliation with Grupo Fi...
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