Moody’s Local Argentina confirmed the Financial Strength Rating of Assekuransa Compañía de Seguros S.A. at A+.ar, with a stable outlook, highlighting the company’s solid track record of profitability and the consistency of its technical results, which have remained positive over recent years.
The assessment particularly recognizes Assekuransa’s specialization in the cargo insurance segment, its main line of business, supported by a long-standing track record that enables effective risk management and prudent underwriting practices, reflected in favorable technical indicators.
Additionally, the rating agency highlighted the company’s expansion in the surety insurance segment, driven by its authorization to provide guarantees for cargo agencies and travel agencies accredited by IATA (International Air Transport Association), which has contributed to diversifying its operations and strengthening its market position.