Spanish insurer Caser assigned 'A3' rating with stable outlook, says Moody's.

(From AFX UK (Focus))

MUMBAI (Thomson Financial) - Moody's Investors Service has assigned a first-time insurance financial strength rating of 'A3' to Spain's Caja de Seguros Reunidos, Compania de Seguros y Reaseguros SA (Caser).

The ratings agency has a stable outlook on the insurance group.

Moody's said the rating reflects the company's good position in the Spanish market and its leading position in the non-life bancassurance segment. Other …