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Suncorp Group Ltd (SUN.AX)

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Tue, May 17 2016

Fitch Affirms Ratings on Suncorp Group Limited, AAI Limited

(The following statement was released by the rating agency) SYDNEY/SINGAPORE, May 17 (Fitch) Fitch Ratings has affirmed Suncorp Group Limited's (SGL) Long- and Short-Term Issuer Default Ratings (IDR) at 'A+' and 'F1' respectively. At the same time, Fitch has affirmed SGL's main non-life insurance operating subsidiary AAI Limited's (AAI) IDR at 'A+', Insurer Financial Strength (IFS) rating at 'AA-' and subordinated debt at 'A'. The Outlooks are Stable. KEY RATING DRIVERS The affirmations ref

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