Moody’s Local Argentina has reaffirmed Assekuransa Compañía de Seguros S.A.’s A+.ar Financial Strength Rating with a stable outlook, highlighting the company’s strong performance, solid capitalization and liquidity levels, and the consistency of its technical results over the years.
In its report, the rating agency emphasized Assekuransa’s track record of sustained profitability, with positive underwriting results over the past five fiscal years and further improvement driven by a reduction in claims frequency. It also recognized the company’s effective use of reinsurance as a risk mitigation tool, as well as its ability to maintain prudent and efficient operational management.
The reaffirmation of this rating reflects Assekuransa’s financial strength and the company’s ongoing commitment to providing reliability, confidence, and value-added solutions to its clients, while maintaining responsible management in a challenging environment for the Argentine insurance market.