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Moody's upgrades Aviva, units

SNL European Financials Daily, 2017-10

Copyright SNL Financial LC Oct 24, 2017 ;EISSN: 2156-5392

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  • Title:
    Moody's upgrades Aviva, units
  • Author: Obejera, Sheryl
  • Subjects: Credit ratings ; Financial leverage ; Rating services ; Ratings & rankings
  • Is Part Of: SNL European Financials Daily, 2017-10
  • Description: Moody's on Oct. 20 upgraded Aviva Plc's senior unsecured debt rating to A2 from A3 and changed the outlook to stable from ratings under review, among other actions on the U.K. insurer and some of its units. [...]improvements in Aviva's profitability, a sustained decrease in financial leverage and further sustainable improvements in capitalization could lead to a positive ratings action, Moody's added, while negative ratings pressure could come from a deterioration in profitability, a sustained increase in adjusted financial leverage and a decline in capitalization.
  • Publisher: Charlottesville: SNL Financial LC
  • Language: English
  • Identifier: EISSN: 2156-5392
  • Source: ProQuest Central
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