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Article: A.M. Best Affirms Ratings of Aseguradora Mundial, S.A.
- Article from:
- Business Wire
- Article date:
- January 26, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of "a-" of Aseguradora Mundial, S.A. (Panama, Republic of Panama). The outlook for both ratings is stable.
The rating and outlook of Aseguradora Mundial, S.A. reflect its solid capitalization, strong operating performance achieved through generally profitable underwriting performance, and its local market expertise. Offsetting these positive rating factors are the inherent risks associated with the company's geographic concentration, the competitive market environment in which the company operates, as well as considerable dividends, which have ...
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Article: Grupo Mundial profits up 49%.(PANAMA)(Financial ...
Caribbean Update;
April 1, 2008 ;
636 words
... ... financial services group Grupo Mundial Tenedora SA said ... income from lending. Grupo Mundial, whose main assets ... insurance company Aseguradora Mundial and mortgage bank ... credit facility to Grupo Mundial for $40 million ...
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