Credit ratings

Our credit ratings and the latest assessments from Standard & Poor's and Moody’s.

Credit ratings

  Financial strength Effective date Outlook
Standard & Poor's A 23 June 2017 Stable
Moody's A2 17 August 2015 Stable

Financial strength rating affirmed as stable on 23 June 2017. Standard & Poor's noted:

  • The affirmation reflect that RSA’s recent balance sheet actions will allow the group to hold a comfortable excess of capital above target requirements;
  • S&P continue to see RSA’s competitive position as very strong, backed by a strong market presence in a diverse range of geographies;
  • The company has been able to demonstrate a trend of improving operating performance;
  • The liquidity assessment has been revised up to “exceptional” from “strong”; and
  • The outlook is confirmed as “stable”.

 

Moody's

Moody’s reaffirmed the A2 insurance financial strength rating of Royal & Sun Alliance Insurance plc and revised the outlook to stable on 17 August 2015.

Moody's affirmation of RSA's ratings “reflects the Group's strong competitive position in its key markets of the UK, Scandinavia, and Canada, its relatively well diversified business profile in terms of products, relatively conservative investment portfolio, and relatively low financial leverage”.

 More information about Moody's ratings

Codan

  Financial Strength Effective from
Standard & Poor's A 23 June 2017
Moody's A2 17 August 2017

Royal and SunAlliance Company of Canada

  Financial Strength Effective from
Standard & Poor's A 23 June 2017
Moody's Not rated  

RSA Insurance Ireland DAC

  Financial Strength Effective from
Standard & Poor's A- 23 June 2017
Moody's Not rated   

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