Following latest changes in its rating methodology, Standard & Poor’s Global Ratings affirmed its 'A' long-term issuer credit and financial strength ratings on the core operating entities of UNIQA Group. S&P also affirmed their 'A-' long-term issuer credit and financial strength ratings on UNIQA's operating holding company UNIQA Insurance Group AG.
Outlook remains stable.
Report highlights:
- UNIQA is maintaining its leading position in Austria's growing health insurance sector and its strong market position in the Austrian nonlife and life insurance sectors.
- The insurer is also expanding its franchise in Central and Eastern Europe.
- UNIQA´s capital adequacy is extremely strong under S&P risk-based capital model, exceeding AAA level.
- The stable outlook reflects our expectation that UNIQA will preserve its extremely strong capital adequacy and maintain its solid competitiveness.
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