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Standard & Poor's Rating Services Affirms Long-Term Credit Rating of Zavarovalnica Triglav dd at A-


Thursday, 22 Nov 2012 08:52am EST 

Zavarovalnica Triglav dd announced that Standard & Poor's Rating Services on November 22, 2012, affirmed long-term credit rating and financial strength credit rating on the Triglav Group at A-, at the same time also affirming the A- long-term credit rating and financial strength rating on Zavarovalnica Triglav dd and its subsidiary Pozavarovalnica Triglav Re dd. The credit rating has a negative outlook. Standard & Poor's Rating Services has namely issued a warning of a possible downgrade of the long-term sovereign credit rating on Slovenia to A-, which could negatively affect the credit rating on the Triglav Group, Zavarovalnica Triglav dd and Pozavarovalnica Triglav Re dd, in that scenario likely causing a one-notch downgrade. 

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