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AXA: Moody's upgrades outlook
(CercleFinance.com) - In a brief press release, AXA reports that US rating agency Moody's has raised its outlook from 'stable' to 'positive', while confirming its IFSR (insurance financial strength rating) at 'Aa3'.
The outlook's upgrade to positive reflects the recent improvement in both the level and quality of AXA's earnings, as well as the strengthening in its capitalisation, the insurance company reports. Copyright (c) 2024 CercleFinance.com. All rights reserved. |
03/10/2024 18:21
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