Solid ratings across the board for NIG

Insurance Age staff
01 Aug 2005

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Standard & Poor's has assigned a 'BBBpi' (Good) insurer financial strength rating to National Insur-ance & Guarantee (NIG). The rating reflects adequate capitalisation, good earnings, a good level of technical reserves, and a conservative investment mix. The rating is based on the annual shareholders' accounts.

NIG, a large UK provincial insurer, underwrites motor and property risks for the private and commercial markets. All of the business is distributed through a network of 3,000

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