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Allianz Mexico Compa??a de Seguros S.A. ?A-? Rating Affirmed, Outlook Stable Jan 12
Standard & Poors, Jan 2012
Abstract
Allianz Mexico has maintained its position as a 'strategically important' subsidiary of its ultimate parent, Allianz SE. We are affirming our 'A-' global-scale and 'mxAAA' national-scale financial strength ratings and counterparty credit ratings on Allianz Mexico. The stable outlook reflects our expectations that the company will continue to benefit from the support of its ultimate parent, from which it adopts strong enterprise risk management practices; Allianz SE's expertise and global business relationships will remain beneficial for the company. MEXICO CITY (Standard & Poor's) Jan. 27, 2012--Standard & Poor's Ratings Services affirmed its 'A-' global scale and 'mxAAA' national scale financial strength and counterparty credit ratings on Mexico-based insurance company Allianz Mexico Compania de Seguros S.A. (AZMX). The outlook is stable....
Companies mentioned in this report are: Allianz Mexico Compania de Seguros S.A.
Action: Affirmed
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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