Nationale Suisse assigned "A-" Rating (Excellent) by A.M. Best
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Nationale Suisse assigned "A-" Rating (Excellent) by A.M. Best
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The rating agency A.M. Best has assigned Nationale Suisse a financial strength
rating of "A-" (Excellent) with a stable outlook. This seal of quality allows
the international Swiss insurance group to continue to drive forward its
strategic core business in specialty lines.
By assigning an "A-" rating (Excellent), the rating agency A.M. Best is
acknowledging the strong capitalisation and good financial performance of Swiss
National Insurance Company Ltd, the parent company of the international
insurance group Nationale Suisse. 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 is the first time that an interactive rating process has certified
Nationale Suisse as being in an excellent financial position to meet its ongoing
and future insurance obligations.
Crucial success factor for specialty lines
The financial strength rating is a crucial factor for Nationale Suisse's success
in continuing to grow profitably in the specialty lines business. Alongside
differentiation by selected target client groups, the specialty lines are the
insurance group's second strategic pillar. In the important growth area of
engineering in particular, local and international markets increasingly require
certification from a leading rating agency; it is similar for the specialty
lines marine and art. "This first interactive rating from A.M. Best underlines
once again the soundness of our business", says Hans Künzle, CEO of Nationale
Suisse. "It is a clear confirmation of our sustainable strategy and financial
strength and will reaffirm to our clients and brokers that we are a reliable
partner."
The A.M. Best Rating Report for Nationale Suisse can be downloaded via the
following link:www.nationalesuisse.com/rating
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Brief profile
Nationale Suisse is an innovative, international focused product lines in
and independent Swiss insurance group providing Switzerland, Italy, Spain,
first-rate risk and pension solutions in non-life Germany, Belgium,
and life business as well as a growing number of Liechtenstein, Malaysia,
tailored specialty lines products. Consolidated Latin America and Turkey.
gross premiums came to CHF 1.8 billion in 2010. The The headquarters of Swiss
Group comprises the parent company and about 20 National Insurance Company
subsidiaries and branch offices for Ltd are in Basel. Nationale
Suisse is listed on the SIX
Swiss Exchange (NATN). On
30 June 2011, the Group
employed 1,932 staff (full-
time equivalents).
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Information
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.ch www.nationalesuisse.com
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Key dates
Publication of Annual Report 28.03.2012
Media conference to announce financial results at 28.03.2012
Hotel Widder, Zurich
Financial analysts' conference at Hotel Widder, 28.03.2012
Zurich
Annual General Meeting 10.05.2012
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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.
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Nationale Suisse
Steinengraben 41 Basel
WKN: 1081197;ISIN: CH0010811971;
Pressrelease_Rating:
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Source: Nationale Suisse via Thomson Reuters ONE
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Unternehmensinformation / Kurzprofil:
Datum: 01.12.2011 - 17:54 Uhr
Sprache: Deutsch
News-ID 93387
Anzahl Zeichen: 7257
contact information:
Town:
Basel
Kategorie:
Business News
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