Fitch affirms RSA's rating at A
Fitch Ratings has affirmed RSA’s Insurer Financial Strength (IFS) rating at A, and its long-term Issuer Default Rating (IDR) at A-.
Fitch also affirmed RSA Insurance Group’s long-term IDR at BBB+, and said all outlooks on the IFS rating and IDRs were stable.
In a statement, Fitch said the ratings reflected the group’s “solid operating profile”, supported by a strong business franchise and increasing geographical diversification.
The ratings agency said it had concerns over RSA’s capital strength, and that this was “viewed as the key constraint for the ratings”, but added: “To some extent, the agency's concerns related to the
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