Agusto & Co. assigns Universal Insurance “Bbb-” ratings with stable outlook

Agusto & Co. has assigned a “Bbb-” long-term rating to Universal Insurance Plc, reflecting the company’s long operating history, improved profitability, low loss ratio, moderate liquidity position and effective deployment of digital initiatives. The rating agency noted that Universal Insurance’s ability to maintain a solvency margin of 184.9 per cent, well above Agusto & Co.’s

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