Fitch Ratings, the international rating agency, has today affirmed the 'AA' Insurer Financial Strength rating (IFS) of Coface S.A., the head entity of the Coface Group. Separate 'AA' IFS ratings have also been affirmed on the German, Italian and Austrian subsidiaries of Coface, respectively Allgemeine Kreditversicherung Coface AG, Viscontea Coface Compania di Assicurazioni e Riassicurazioni spa and Osterreichische Kreditversicherung Coface AG.
The 'AA-' (AA minus) long-term and 'F1+' short-term ratings on Coface are also affirmed, as is the 'F1+' short-term rating on Allgemeine Kreditversicherung Coface. The rating outlook is stable.