Basel, Standard & Poor’s has increased Baloise Insurance Ltd’s rating to “A” with a stable outlook. In particular, Standard & Poor’s recognises the very strong capitalisation, high level of profitability and strong competitive position in the core markets. The current report is available at www.baloise.com/rating.
Standard & Poor’s describes Baloise’s very strong capitalisation, strong competitive position in the core markets and diversified earnings power as its key strengths. In addition, the rating agency has also rated the enterprise risk management as strong. Customers, business partners and investors have thus been given independent confirmation that Baloise is a reliable and high-performing partner, which fully reflects its brand promise “Making you safer”.
Standard & Poor’s, one of the world’s leading rating agencies, assesses the creditworthiness of a company based on quantitative and qualitative criteria.