AM Best credit rating agency assigns “A-“ long-term credit rating to Triglav Re
The AM Best credit rating agency has assigned Zavarovalnica Triglav d.d. and Triglav Re the financial strength rating of “A-“ (excellent) and the issuer credit rating of “A-“. The outlook for the credit ratings is stable.
The ratings of Zavarovalnica Triglav, d.d., and Triglav Re, d.d., reflect their supportive risk-adjusted capitalisation, improving operating performance and strong competitive position of the Triglav Group within the Slovenian market and the West Balkans. The ratings of Triglav Re, d.d., also consider its strategic importance to Triglav, as the licensed reinsurer of the Group.