Utmost’s IFS rating and IDR affirmed at ‘A+’ and ‘A’ respectively; both with stable outlooks
Utmost has today announced that Fitch Ratings has affirmed Utmost Group plc’s rated core insurance subsidiaries’ Insurer Financial Strength (“IFS”) Ratings at ‘A+’. Fitch has also affirmed Utmost Group plc’s Long-Term Issuer Default Rating (“IDR”) at ‘A’. The outlooks are stable.
The affirmation reflects the group’s strong company profile, operating performance and capitalisation and leverage.
Please read Fitch Ratings press release here: Fitch Affirms Utmost Group’s IFS Rating at ‘A+’; Outlook Stable