| Title: | MACIF |
| Price: | $300.00
|
| Publication Date: | May 09, 2008 |
| Report Type: | Analysis |
| Brief Excerpt: | ...Moody's A# insurance financial strength rating and Baa# subordinated debt rating for MACIF reflect the company's leading position in the French motor market, its low business risk resulting from a focus on retail lines, a well-developed and low- cost proprietary distribution network, as well as its conservative asset allocation policy. This is offset by MACIF's depend ence on the very competitive and mature motor and property markets in France, la ck of geographic diversification outside the country, as well as its relatively low profitability. MACIF Group is a mutual insurance Group. MACIF is the princi pal operating entity of the Group writing non-life insurance, as well as a holding company owning stakes in a number of subsidiaries, includi ng Mutavie, a life insurer. In addition, it encompasses a network of health mutuals. The Group's business mix consists of motor insurance (##% of earned premiums ), property insurance (##%), health insurance (##%) and life (##%). The... |
| Word Count: | 6223 |
| Length: | 13 Pages |
| Issuer: | MACIF |
| Format: | 
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