- Language: English
- 675 Pages
- Published: April 2013
- Region: Global
AXA Seguros S.A. de C.V. 'BBB+' Rating Affirmed; Outlook Stable
- Published: May 2011
- Standard & Poors
AXA Mexico is a strategically important subsidiary to France-based AXA Group. We are affirming our 'BBB+' financial strength and counterparty credit ratings on AXA Mexico. We expect the company to benefit from AXA Group's strong enterprise risk management (ERM), and improve its operating performance. MEXICO CITY (Standard & Poor's) May 10, 2011--Standard & Poor's Ratings Services said today that it affirmed its 'BBB+' global-scale and 'mxAAA' national-scale financial strength and long-term counterparty credit ratings on AXA Seguros S.A. de C.V. (AXA Mexico). The outlook is stable. "The affirmation reflects AXA Mexico's good competitive position and well-diversified portfolio by clients and lines of business," said Standard & Poor's credit analyst Alfredo Calvo. We consider this entity a strategically important subsidiary to...
Companies mentioned in this report are: AXA Seguros S.A. de C.V.,AXA Group
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Research type: News
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AXA Seguros S.A. de C.V.,AXA Group