Rating agency Moody's confirms the A2 insurance financial strength rating of Atradius Credit Insurance NV.
Rating agency Moody's has confirmed the A2 insurance financial strength rating (IFSR) of Atradius Credit Insurance NV and subsidiaries. The rating outlook is stable.
Moody's put the rating of Atradius under review in May 2003 for a possible upgrade, following the announcement by the company of changes in its ownership profile. In particular the likelihood of a material level of ownership by Swiss Re (rated Aa1 senior debt by Moody's) and Deutsche Bank (Aa3 senior debt).
The review also analysed the impact of the proposed EUR 110m subordinated debt issue.
