OREANDA-NEWS. A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Nacional de Reaseguros, S.A. (Nacional) (Spain). The outlook of these Credit Ratings (ratings) remains positive.

The ratings and positive outlook reflect Nacional’s excellent risk-adjusted capitalisation, strong operating performance and well-established business profile as a leading reinsurer in Spain. The ratings also factor in the company’s successful international expansion, despite ongoing difficult global market conditions for reinsurers.