S&P assigns Ageas an A- rating
Ratings agency says outlook is positive for insurer.
Standard and Poor's has assigned Ageas Insurance Limited (AIL) an A- rating with a positive outlook and said it reflects AIL's status as a core subsidiary of the Belgium headquartered group.
The agency said the rating derives from AIL's role as the group's single largest non-domestic non-life insurance business and its belief that it would benefit from the full financial support of the group if required.
Standard and Poor's also underlined local management's strong links with Ageas group and its
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