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Standard & Poor's Confirm 'A' Rating for Uniqa Group
The Austrian insurance group’s rating was confirmed. Free float will be raised to 49% in the course of a capital increase.
Standard & Poor's Confirm 'A' Rating for Uniqa Group / Picture: © Uniqa
The international rating agency Standard & Poor's reconfirmed the current 'A' rating for Uniqa’s operative core companies and the 'A-' rating for the Group's holding company Uniqa Versicherungen AG on 3 June 2011, the insurance group reported in a statement.
In their rating, S&P explicitly stressed Uniqa Group's financial strength and financial flexibility, which,…
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