Fitch assigns ‘A+ rating with stable outlook’ to Achmea’s insurance operating entities

Fitch Ratings has assigned Achmea’s core insurance operating entities an Insurer Financial Strength Rating (IFSR) of A+ with a stable outlook. The credit rating agency bases its views among others on Achmea’s ‘market leading position in the Dutch Non-life and Health insurance market’. Fitch assesses Achmea’s capital position to be ‘very strong’. It expects Achmea to realize in the medium-term a structurally higher return on equity supported by further cost reductions and implemented improvement measures.

In line with the IFSR of A+, Fitch has assigned a ‘A-‘ rating to Achmea B.V.’s senior unsecured debt instruments and a ‘BBB’ rating on the Achmea B.V.’s subordinated debt instruments, all with a stable outlook.

Willem van Duin, chairman of the Executive Board of Achmea: “Fitch’s A+ credit rating for our insurance operating entities with a stable outlook indicate that we are regarded as a solid insurance company with a robust solvency level. A healthy financial position is also in the interest of our customers who should at all times be able to rely on us. Having Fitch’s rating, supports us to target a broader investment community for our debt securities.”