S&P affirms QBE del Istmo México

Standard & Poor's said it affirmed its BBB- long-term financial strength and counterparty credit ratings on QBE del Istmo México Cía. de Reaseguros SA de CV.

The outlook is stable.

At the same time, the agency said it affirmed its mxAA national-scale rating on the company, adding that the ratings reflect its group methodology, under which it considers the company a core subsidiary of QBE del Istmo Cía. de Reaseguros Inc. (BBB-/stable).

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