11.09.2015 04:54:00
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Royal and SunAlliance Seguros, S.A. de C.V. -- Moody's downgrades Royal and SunAlliance Seguros (Mexico) to Baa3/Aa3.mx; outlook stable
Mexico, September 10, 2015 -- Moody's de Mexico has downgraded to Baa3 from Baa2 (global local currency) and to Aa3.mx from Aa2.mx (Mexican national scale) the insurance financial strength (IFS) ratings of Royal and SunAlliance Seguros (Mexico), S.A. de C.V. (RSA Mexico). The outlook for these ratings is stable. RSA Mexico is the Mexican property and casualty (P&C) insurance subsidiary of Royal & SunAlliance Insurance plc (RSA Group A2/stable).