...Important Subsidiary to Group: Bupa MTxico, Compa±fa de Seguros, S.A. de C.V. (Bupa MTxico) is 99.9% owned by Bupa Global Holdings Limited (Bupa Global Holdings), which is 100% owned by Bupa Finance Plc (A/Stable). According to Fitch Ratings's criteria, Bupa MTxico is classified as 'Important' due to the alignment of its franchise and brand with that of the parent. However, its relatively small size limits its overall relative importance within the global group. Fitch applies a two-notch uplift to Bupa MTxico's standalone Insurer Financial Strength (IFS) rating of 'BBB', resulting in a final IFS rating of 'A-'. Moderate Company Profile: Fitch assesses Bupa MTxico's business profile as 'Moderate', reflecting its relevant franchise in Mexico's accident and health insurance markets, balanced by a capital base that is modest relative to its premium volume. The company offers individual and group health insurance, including international private medical insurance and products with national coverage....
