S&P Global Ratings has on October 4 revised Alandia’s outlook to stable and affirmed Alandia A- rating.
According to S&P Global Ratings Alandia has, during the past two years, taken actions to remediate its technical performance, which has led to improved underwriting results that S&P Global Rating expect will continue.
Alandia’s capital adequacy has also proven resilient to market volatility and the company’s buffer over S&P ‘AAA’ benchmark has remained comfortable.
The stable outlook indicates S&P expectation that Alandia can maintain its current underwriting performance, robust capital comfortably exceeding S&P ‘AAA’ benchmark, and investment risk appetite.
The A- rating continues to be a fundamental cornerstone in achieving Alandias strategic goals, therefore we will do our outmost to keep the rating stable and look forward to continue to be a strong and reliable partner for our customers.
Tony Karlström
CEO Alandia
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