a.s.r. credit ratings upgraded by Standard & Poor’s
Standard & Poor’s (S&P) upgraded the ratings for ASR Nederland N.V. (a.s.r.), its life and non-life insurance entities and the outstanding debt instruments.
S&P attributes the upgrade to a.s.r.’s strong financial risk profile, solid capital position, and robust business risk profile.
This upgrade confirms the positive outlook issued on 12 September 2024 and results in the following revised credit ratings:
ASR Nederland N.V.: A- (previously BBB+)
ASR Levensverzekering N.V. (life): A+ (previously A)
Aegon Levensverzekering N.V. (life): A+ (previously A)
ASR Schadeverzekering N.V. (non-life): A+ (previously A)
The outlook on all ratings is stable. The ratings for the issued debt instruments have also been upgraded.
Ewout Hollegien, CFO a.s.r.: ‘We are pleased with this recognition by Standard & Poor’s. This evidences our solid performance and strategic progress, as well as our strong earnings capacity and resilient balance sheet. Built on a solid capital foundation and disciplined financial management, we continue to execute our strategic plan focused on profitable growth and long-term value creation.’
More information on the a.s.r. credit ratings is available on the corporate website.
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Rosanne de Boer
Non-life P&C, Individual Life and Funeral, Corporate Governance, Results, Sustainability, Combination a.s.r. and Aegon
Rosanne de Boer is temporarily unavailable. For press inquiries, please contact Nienke Abid.