MONTERREY, Mexico–(BUSINESS WIRE)–Fitch Ratings has affirmed Proteccion Agropecuaria Compania de Seguros, S.A.’s (Proagro) International Insurer Financial Strength Rating (IFS) at ‘BBB-‘ and a National Scale IFS rating at ‘AA-(mex)’. The Rating Outlook is Stable. KEY RATING DRIVERS The ratings were assigned based on a stand-alone approach, which means the company is rated strictly based on its individual financial profile. In this case, Proagro’s individual assessment becomes the IFS rating.
