Fitch expects Latvia GDP growth of 4% in 2021
FRANKFURT, GERMANY: Fitch expects Latvia GDP growth of 4% in 2021 due to a stronger performance in 2Q21 than previously expected; and affirmed Latvia’s Long-Term...
Serbia GDP growth to moderate to 4.4% in 2022 and 3.9% in 2023: Fitch
LONDON: Fitch Ratings has projected Serbia GDP growth to moderate to 4.4% in 2022 and 3.9% in 2023, while affirmed Serbia’s Long-Term Foreign-Currency Issuer Default...
Fitch revises Estonia GDP growth forecast to 9.7% this year
FRANKFURT, GERMANY: Fitch Ratings has affirmed Estonia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘AA-‘, ratings reflect strong governance standards and institutions underpinned by EU...
Fitch predicts higher natural gas price in 2021 & 2022
LONDON: Given the recovering demand and supply challenges as well as strong year-to-date prices, Fitch has revised upwards the natural gas price assumptions for 2021...
Fitch Ratings is likely to revise up Mexican GDP growth forecast
NEW YORK: Fitch Ratings is likely to revise up Mexican GDP growth forecasts (currently 5.3% for 2021 and 2.7% for 2022) after stronger-than-expected performance in...
New India Assurance sustains financial strength rating of B++
SINGAPORE: New India Assurance, having ultimate majority ownership by the Government of India, is exposed to high market risk arising from a notable allocation to...
Next Insurance US gets financial strength rating of A-
OLDWICK: Based on its very strong balance sheet and appropriate enterprise risk management, global insurance sector rating agency, AM Best has assigned a Financial Strength...
AM Best assigns A- ratings to ASMI Auto Group members
OLDWICK: Insurance sector rating company, AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent)...
Munich Reinsurance moves into Top ranking of global reinsurers
OLDWICK: Munich Reinsurance Company moved into the top spot in AM Best’s annual ranking of the Top 50 Global Reinsurance groups in 2020, marking a return to...
Credit ratings of Bondex Insurance Company upgraded
OLDWICK, NEW JERSEY: Insurance rating agency, AM Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating...
Atea awarded highest rating for sustainability by EcoVadis
OSLO, NORWAY: For the second year in a row, Atea ASA has been awarded the highest rating in environmental and social performance by EcoVadis, ranking...
Fitch revises Platform Housing Group’s outlook to stable
LONDON, UK: Fitch Ratings has revised Platform Housing Group’s outlook to stable, a news release said. Platform Housing Group has experienced a favourable ratings change....