NOVAE Group plc: Large P&C Claims and Unrealised Financial Losses Reduce 2016 Profits, A Credit Negative
FINANCIAL INSTITUTIONS ISSUER COMMENT 9 December 2016 RATINGS Syndicate 2007 Insurance Financial Strength Rating A2 Outlook Stable Novae Group Plc Senior Unsecured Baa3 Subordinated Ba1 Source: Moody's Investors Service. KEY METRICS: Novae Group plc 2013 2014 2015
Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:
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76,000 structured finance obligations
Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.
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