Amlin Corporate Insurance N.V.

Description

Amlin Corporate Insurance N.V.

Sujets

• Arts

Informations

• Publié par: ecomejex
• Nombre de lectures: 139
• Langue: Français

Extrait

1 846780 | 300430493

Corporate Insurance N.V.

Capitalization: Strong Quality Of Capital, Conservative Claims Reserving, And Prudent Reinsurance Purchase Are Supportive

Liquidity: Strong, Though Weakening, On Positive Net Cash Flows Over The Cycle

February 7, 2011

Financial Flexibility: Strong With Support Of The Amlin Group

Operating Performance: Softening Cycle, Material Reinsurance Purchasing And Costs Of The Restructuring Put Profitability Under Pressure

Accounting: IFRS, Neutral To The Ratings

Amlin

Investments: Conservative Thanks To Limited Exposure To Credit And Market Risks

Outlook

Corporate Profile: Midsize Insurer Specializing In Corporate Risks Competitive Position: Good In Corporate Risk Insurance In Benelux

Enterprise Risk Management: Adequate, With Gradual Adoption Of Amlin Group's Risk Management Standards

Management And Corporate Strategy: Focused On Internal Restructuring And Portfolio Review, But Challenges Weigh On Execution

Table Of Contents

Primary Credit Analyst: Marie-Aude Salinas, Paris (33) 1-4420-6792; [e-mail] Secondary Contact: Dennis Sugrue, London (44) 20-7176-7056; [e-mail]

Rationale

Major Rating Factors

www.standardandpoors.com/ratingsdirect