Moody’s Investors Service has affirmed the “A2” insurance financial strength rating (IFSR) of Pohjola Non-Life Insurance Company Ltd (PNLICL), and maintained the positive outlook on the rating. “PNLICL constitutes the vast majority of Pohjola’s non-life business which is directly owned by OKO Bank (OKO), rated Aa1/C+/P-1, which in turn is the central bank and main subsidiary of the Finnish cooperative banking group, OP Bank Group,” said the announcment. Moody’s rates OP Bank Group’s bank financial strength rating as “B.”
Was this article valuable?
Here are more articles you may enjoy.
First Half US P/C Industry Underwriting Gain Jumps to $31.7B 
Guy Carpenter Rebranded as Marsh Re 
Lockton Named in NBA Investigation Into Clippers Salary Cap Circumvention 
Thomson Reuters Detects Cyber Incident, Says Unauthorized Party Accessed Files 
