MONTERREY, Mexico–(BUSINESS WIRE)–Fitch Ratings has affirmed Der Neue Horizont Re, S.A.’s (Der Neue) ‘B’ International Insurer Financial Strength (IFS) rating and National Scale IFS rating at ‘B’/’BBB-(mex)’. The Rating Outlook is Stable. KEY RATING DRIVERS The ratings were assigned based on a stand-alone approach which indicates that the company is rated strictly based on its individual financial profile. In this case, Der Neue’s assessment is reflected in the IFS. Fitch’s decision to use an
