S&P affirms Allianz Mexico Compania de Seguros

S&P said it affirmed its A- global and mxAAA national scale financial strength and counterparty credit ratings on Allianz Mexico Compaņia de Seguros SA.

The outlook on all ratings remains stable.

“In our opinion, AZMX continues to present a satisfactory business risk profile and a solid financial risk profile. We consider the company's operating performance metrics, which are in line with those of its domestic peers operating in the same lines of business, support its competitive position,” S&P said in a news release.

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