AM Best Assigns Credit Ratings to AVLA Seguros de Crédito y Garantía S.A.

MEXICO CITY–(BUSINESS WIRE)–AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” to AVLA Seguros de Crédito y Garantía S.A. (AVLA) (Chile). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect AVLAs’s balance sheet strength, which AM Best categorizes as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). AVLA is a Chilean insur