A.M. Best Co. has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating of “aa-” of Spain’s Ocaso, S.A. Seguros y Reaseguros with a stable outlook. “The ratings reflect the company’s superior risk-based capitalization, excellent operating performance and excellent business profile,” said Best.
Was this article valuable?
Here are more articles you may enjoy.
State Farm Sued Over Policies Backed by Distressed Insurer PHL 
‘Super Roofs’ Are Rewarding Insurers, Cat Bond Investors and Homeowners 
Hong Kong Orders Citywide Scaffolding Nets Removal After Blaze 
North Carolina Motorist Tells 911: Eagle Dropped a Cat Through the Windshield 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.