A.M. Best revises outlook for "A-" Rating (Excellent) of Nationale Suisse to positive
(Thomson Reuters ONE) -
Nationale Suisse /
A.M. Best revises outlook for "A-" Rating (Excellent) of Nationale Suisse to
positive
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The issuer is solely responsible for the content of this announcement.
The rating agency A.M. Best has revised the outlook for the financial strength
rating of Nationale Suisse from stable to positive and affirmed the "A-" rating
(Excellent) of the international insurance group. A.M. Best is acknowledging the
improving operating performance and strong capitalisation of Swiss National
Insurance Company Ltd, the parent company of the Nationale Suisse group. The
rating also takes into account the business profile of Nationale Suisse, which
is increasingly oriented towards Specialty Lines and selected target groups in
the private and business client segment. This seal of quality is a crucial
factor for Nationale Suisse's success in continuing to grow profitably in the
Specialty Lines business. It demonstrates that Nationale Suisse is in an
excellent financial position to meet its ongoing and future insurance
obligations.
A.M. Best's press release on the rating of Nationale Suisse can be accessed via
the following link: www.nationalesuisse.com/rating
Brief profile
Nationale Suisse is an innovative, international and independent Swiss insurance
group providing first-rate risk and pension solutions in non-life and life
business as well as a growing number of tailored specialty lines products.
Consolidated gross premiums came to CHF 1.5 billion in 2011. The Group comprises
the parent company and about 20 subsidiaries and branch offices for focused
product lines in Switzerland, Italy, Spain, Germany, Belgium, Liechtenstein,
Malaysia, Latin America and Turkey. The headquarters of Swiss National Insurance
Company Ltd are in Basel. Nationale Suisse is listed on the SIX Swiss Exchange
(NATN). As of 30 June 2012, the Group employed 1 877 staff (full-time
equivalents).
Information
Remo Meier Nationale Suisse
Investor Relations Steinengraben 41
Phone +41 61 275 22 45 4003 Basel
Fax +41 61 275 22 21 Switzerland
remo.meier(at)nationalesuisse.com www.nationalesuisse.com/investor-
relations
Christina Hartmann Nationale Suisse
Media Relations Steinengraben 41
Phone +41 61 275 23 40 4003 Basel
Fax +41 61 275 22 21 Switzerland
christina.hartmann(at)nationalesuisse.com www.nationalesuisse.com/media-
relations
Key dates
Publication of Annual Report 2012 27.03.2013
Media conference to announce financial 27.03.2013
results at Widder Hotel, Zurich 27.03.2013
Financial analysts' conference at 06.05.2013
Widder Hotel, Zurich
Annual General Meeting, Basel
Disclaimer and exclusion of liability
The purpose of this press release is to inform the public about certain events
or developments arising from the company's business. The information published
in this article is not an advertisement, offer or recommendation to engage in
transactions involving securities or other products of Nationale Suisse or any
other type of transaction. This press release may contain certain forward-
looking statements. Even if these forward-looking statements reflect the
opinion and expectations of Nationale Suisse, a number of risks, uncertainties
and other important factors may lead to actual developments and results
differing strongly from the expectations of Nationale Suisse. It is pointed out
expressly that the statements and projections contained in this press release
are selective in nature. Nationale Suisse provides no guarantee, either
explicitly or implicitly, regarding the accuracy and completeness of the
statements and forecasts published in this press release. Neither Nationale
Suisse nor its executive bodies or senior managers accept any liability for any
damage or losses arising directly or indirectly from the use of this press
release. Unless otherwise provided by applicable binding law Nationale Suisse
is under no obligation to update or amend the statements contained in this press
release, be it in response to new information, future events or any other
reasons.
Updated post-publication information is available on our website
www.nationalesuisse.com. You may find further details and forecasts about the
business of Nationale Suisse there.
Press Release_A.M. Best Rating of Nationale Suisse:
http://hugin.info/100296/R/1665996/540762.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Nationale Suisse via Thomson Reuters ONE
[HUG#1665996]
Unternehmensinformation / Kurzprofil:
Datum: 19.12.2012 - 18:03 Uhr
Sprache: Deutsch
News-ID 214515
Anzahl Zeichen: 5759
contact information:
Town:
Basel
Kategorie:
Business News
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