Armour Secure Isurance
Insurance · Mexico · 11-50 Employees
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Overview
Headquarters
620 Monte Everest, Mexico City, Mexico C...Website
www.armoursecure.comRevenue
$7.3 MillionIndustry
About Armour Secure Isurance
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Armour Secure Isurance News & Media
AM Best Maintains Under Review with Negative Implications Status for Credit Ratings of Armour Secure Insurance S.A. de C.V.
MEXICO CITY--(BUSINESS WIRE)-- #insurance--AM Best has maintained the under review with negative implications status and affirmed the Financial Strength Rating of B (Fair), the Long-Term Issuer Credit Rating of “bb” (Fair) and the Mexico National Scale Rating of “a.MX” (Excellent) of Armour Secure Insurance S.A. de C.V. (Armour) (Mexico). The under review with negative implications status reflects AM Best’s ongoing review of the financial situation at Armour’s holding company following changes iAM Best Revises Under Review Status to Negative for Credit Ratings of Armour Secure Insurance S.A. de C.V.
MEXICO CITY--(BUSINESS WIRE)--AM Best has revised the under review status to negative from developing and affirmed the Financial Strength Rating of B (Fair), the Long-Term Issuer Credit Rating of “bb” and the Mexico National Scale Rating of “a.MX” of Armour Secure Insurance S.A. de C.V. (Armour) (Mexico). The under review with negative implications status reflects AM Best’s ongoing review of the financial situation at Armour’s holding company after the cancellation of the acquisition of itsAM Best Maintains Under Review With Developing Implications Status for Credit Ratings of Armour Secure Insurance S.A. de C.V.
MEXICO CITY--(BUSINESS WIRE)--AM Best has maintained the under review with developing implications status for the Financial Strength Rating of B (Fair), the Long-Term Issuer Credit Rating of “bb” and the Mexico National Scale Rating of “a.MX” of Armour Secure Insurance S.A. de C.V. (Armour) (Mexico). The Credit Ratings (ratings) were initially placed under review with developing implications on Dec. 6, 2019, following an announcement that AXA XL had entered into an agreement to acquire Armour.
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Frequently Asked Questions Regarding Armour Secure Isurance
Armour Secure is a Bermuda-based investment group specializing in the insurance market, particularly in title insurance and brokerage services. With a management team boasting over 100 years of experience, the company has a strong background in managing insurance companies and structured investments. They collaborate with major international reinsu... Read More