Grupo Catalana Occidente : A.M. Best maintains the 'A' (excellent) credit for the mai ...
September 29, 2017 at 03:31 am EDT
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29 September 2017
A.M. Best maintains a credit rating of "A" (excellent) for the main companies of Atradius
The rating agency A.M. Best has reaffirmed its rating of "A" (excellent) with a stable outlook for the main operational entities of Grupo Catalana Occidente in credit insurance, through the company Atradius N.V.: Atradius Crédito y Caución de Seguros y Reaseguros, Atradius Reinsurance Designated Activity Company, Atradius Trade Credit Insurance, Inc. and Atradius Seguros de Crédito S.A.
In addition, A.M Best has highlighted the competitive position of Atradius in the global insurance sector thanks to the geographical diversification of its portfolio. Furthermore, the rating agency foresees that Atradius will maintain its capitalisation at excellent levels due to its ability to generate profits and its conservative investment and reinsurance strategy.
About Grupo Catalana Occidente
Grupo Catalana Occidente is one of the leaders in the Spanish insurance sector and the global credit insurance sector. With steady growth and a broad reach, it has more than 7,000 employees, a presence in more than 50 countries and serves more than 4,000,000 customers. Its network consists of over 1,600 offices and nearly 19,000 mediators. It is currently ranked in sixth position in the Spanish market and second worldwide for credit insurance.
If you require any additional information please do not hesitate to contact us
Paula Mateu pmateu@kreab.com Tel. + 34 934 185 387
Estefanía R. Fonseca estefaniarodriguez@catalanaoccidente.com Telf. +34 935 825 561
Grupo Catalana de Occidente SA published this content on 29 September 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 September 2017 07:29:05 UTC.
Grupo Catalana Occidente SA is a Spain-based company engaged in the insurance and reinsurance sectors. The Company's activities are divided into three business segments: Life insurance, Non-life insurance and Others. The Life insurance division offers insurance policies related to health and life coverage. The Life insurance division provides property, vehicle, home, casualty and credit guarantee insurance, among others. The Others division includes services offered by Atradius NV, such as credit insurance and reinsurance, financial advisory and debt collection. The Company operates through Grupo Previsora Bilbaina, Azkaran SL, Seguros Catalana Occidente Sociedad Anonima de Seguros y Reaseguros, Grupo Compania Espanola de Credito y Caucion SL and Bilbao Compania Anonima de Seguros y Reaseguros SA, among others. The Company is a subsidiary of Inoc SA.
GRUPO CATALANA OCCIDENTE, S.A. 
