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A.M. Best Affirms ING Comercial America Rating; Removes From Under Review.

Publication: Business Wire
Publication Date: 09-JAN-02
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Business Editors

OLDWICK, N.J.--(BUSINESS WIRE)--Jan. 9, 2002

A.M. Best Co. has affirmed the A (Excellent) rating of ING Comercial America Seguros and its wholly owned surety subsidiary ING Comercial America Fianzas--formerly Seguros Comercial America S.A. and Fianzas Comercial America respectively, Mexico.

In addition, the 'under review' status of the rating has been removed. The rating was placed under review following the announcement in June 2001 by the ING Group that it would exercise an early option to acquire the controlling interest of Seguros Comercial America (SCA),...

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