Corporate Ratings, Insurance Ratings, S&P, Moody’s, Fitch
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 among the top 1% of more than 75,000 companies evaluated, a news release said. Atea…
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. The new rating, A+ (stable outlook) (formerly A+ (negative outlook), reflects a similar amendment to…
LONDON, UK: S&P Global announced its decision to revise the outlook for Kaspi Bank, a core component of Kaspi.kz’s Fintech Platform, to Positive citing strong asset quality, solid operating performance and shift towards BNPL and merchant financing. According to S&P…
OLDWICK: Private equity holdings of U.S. insurance industry grew by 14.8% in 2020, with the life/annuity insurance industry seeing its highest value in five years, at $71.7 billion, global rating agency AM Best reports. The Best’s Special Report, “Private Equity…
LONDON, UK: PJSC Polyus notes that Fitch Ratings has upgraded the Company’s Long-term Issuer Default Rating to ‘BB+’ from ‘BB’, with stable outlook. The new rating reflects the Company’s strong business profile and credit metrics, achieved as a result of…
OLDWICK: AM Best has recorded negative implications for the Financial Strength Rating of Blue Cross Life Insurance Company of Canada (BCLIC) after it selected an investment manager facing fraud investigations. AM Best has recorded negative implications for the Financial Strength…
MOSCOW, RUSSIA: Metalloinvest Finance Designated Activity Company (IRSH), a leading global iron ore and HBI producer and supplier, announced that Standard & Poor’s Ratings Services (S&P) has improved the company’s outlook to positive from stable, affirming a ‘BB+’ long-term corporate…
DOHA, QATAR: Moody’s Investors Service has reconfirmed the long-term deposit rating of Qatar Islamic Bank (QIB) at A1, with a stable outlook, a news release said. Moody’s said in its Credit Opinion Report that QIB’s assigned rating reflects the bank’s…
LONDON, UK: S&P Global Ratings has affirmed its ‘BB/B’ long- and short-term issuer credit ratings and its ‘kzA+’ Kazakhstan scale rating on Halyk Savings Bank of Kazakhstan. The outlook is stable. S&P Global Ratings has noted that the Bank has…
QATAR: Qatar International Islamic Bank (QIIB) has announced that Moody’s has confirmed the credit rating at A2 / Prime-1 with a stable outlook. Moody’s credit rating agency reconfirmed QIIB’s long-term credit rating at (A2) with a stable outlook, which affirms…
LONDON: According to the most recent ISS ESG Corporate Rating, Polymetal’s score improved from С+ to B-, crossing the Prime threshold. The ISS ESG Corporate Rating is a holistic, annual review of how companies implement and execute sustainability policies. Prime…
MOSCOW: Sistema PJSFC, a publicly traded Russian investment company, announced that S&P Global Ratings has affirmed the Corporation’s credit rating at ‘BB’ and upgraded the outlook to “positive” as a result of the IPO of the Corporation’s portfolio company Segezha…