S&P Global Ratings confirms NRe’s credit rating 2024
On July 12, 2024, the rating agency S&P Global Ratings published its report confirming Nacional de Reaseguros’ rating at “A”, with a “stable” perspective.
The aspects underlying its rating are maintained, the most significant are: NRe’s leading position in the Spanish market, its capacity to generate profits and the Company’s solid risk-adjusted capitalization. It also indicates its confidence that NRe will maintain this rating for at least the next two years.
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Am Best confirms the Nacional Re rating: “A” 2024
The agency bases this rating on the strength of the company´s balance sheet, which it values as “strong”, as well as the strong operating result, neutral business profile and adequate risk management.
It also highlights that the National’s risk –adjusted capitalization, according to its quantitative model, remains at the strongest level, thanks to internal generation of benefits and a prudent reserve policy.
Nacional Re Annual General Meeting
Held on May 9th, under the chairmanship of Mr. José María Sunyer, Nacional Re approved the annual accounts for the 2022 financial year, together with the Management Report.
Nacional Re faces COVID-19
In these difficult times, we hope this communication finds you in good health.
I would like to inform you that Nacional Re has been monitoring the global COVID-19 pandemic since its early stages. Following guidance and instructions from health organizations and authorities, we have put a range of measures in place to protect the safety of our employees, to ensure the continuity of our activities, and to safeguard the interests of our clients. These are our top priorities, which are at the heart of every decision we are making regarding COVID-19.
Customer service
Support
We work together with our customers, regardless of their company size.
Advice
We provide customised reinsurance solutions both in Life and Non-Life.
Ability
We provide the obligatory and facultative ability at an overall level in the Spanish and European business.
Training
We provide training and consultancy services in matters such as the launch or review of insurance products and technical assistance for underwriting and claims.