Insurance

Rating company gives its view on Sovereign

Tuesday 3rd of January 2017

AM Best has reissued Sovereign's Financial Strength Rating at the A+ (Superior) level for the ninth consecutive year. It says the rating reflects Sovereign’s strong risk-adjusted capitalisation, good operating performance and favorable business profile.

It says that despite a high dividend payout ratio, the company’s risk-adjusted capitalisation is expected to remain supportive of the cu...

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