Coface: AM Best upgrades credit rating

(CercleFinance.com) - Coface says that the rating agency AM Best has upgraded its issuer credit rating (Long-Term ICR) from 'A' (Excellent) to 'A+' (Excellent) and has confirmed its financial strength rating (IFS) of 'A' (Excellent) with a 'stable' outlook.


The agency said that these ratings reflect Coface's financial strength, considered very strong by AM Best, as well as a strong operating performance, a favourable business model and appropriate risk management.


Copyright (c) 2024 CercleFinance.com. All rights reserved.