Moody's accords ATI strong rating over institutional support

Moody’s cited ATI’s “strong capitalisation and liquidity relative to its insured exposures. FILE PHOTO | NMG

Global credit rating agency Moody’s has assigned an A3 insurance financial strength rating to underwriter African Trade Insurance Agency (ATI) and accorded it a “stable” outlook.

Moody’s cited ATI’s “strong capitalisation and liquidity relative to its insured exposures, as well as high quality and conservative investment portfolio for the rating.

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