Fitch has confirmed Lloyd`s ratings
31 August 2008International rating agency Fitch has confirmed Lloyd`s ratings. Also the agency has confirmed a long-term credit rating at the level “A” of Society of Lloyd `s and rating of financial stability at the level “A+” of Chinese reinsurance companies Lloyd`s Reinsurance Company (China) Limited. The forecast concerning the given ratings is stable.
Ratings reflect high parameters of Lloyd`s for 2007, high level of incomes and investment profit, and also the low combined factor. All this has led to increase in actives and increase of capital stability at the level of the Central Fund. Analysts of agency assumed, that because of a small number of large accidents, Lloyd`s parameters will be high. Thus Fitch’s analysts mark, that Lloyd`s parameters surpass parameters of some other market participants.
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