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Fitch Withdraws Russian Insurers' National Ratings

February 15, 2017 | Cbonds

Fitch Ratings has affirmed and simultaneously withdrawn Russia-based JSC IC Allianz's National Insurer Financial Strength (IFS) at 'AAA(rus)', Russia-based VSK Insurance Joint Stock Company's National IFS rating at 'A+(rus)', and AlfaStrakhovanie PLC (Russia)'s National IFS rating at 'AA-(rus)'. The Outlooks are Stable. The insurers' existing international ratings are unaffected.

The affirmation of the National Ratings reflects limited changes since the last review. The National Ratings are being withdrawn because Fitch has withdrawn its Russian National Scale ratings in response to a new regulatory framework for credit rating agencies in Russia (see Fitch Ratings Withdraws National Scale Ratings in the Russian Federation dated 23 December 2016 at www.fitchratings.com).

Company: AlfaStrakhovanie

Full company nameAlfaStrakhovanie JSC
Country of riskRussia
Country of registrationRussia

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