Alþjóðlega matsfyrirtækið Standard & Poor's hefur ákveðið að setja
Tryggingamiðstöðina hf., og dótturfélag þess, Nemi Forsikring ASA í Noregi, á
athugunarlista sem gæti leitt til lækkunar á núverandi matseinkunn sem er BBB.
Megin ástæða þess að matsfyrirtækið grípur til þessarar ráðstöfunar er
skuldastaða FL Group sem er móðurfélag Tryggingarmiðstöðvarinnar. Í tilkynningu
Standard & Poor's kemur fram að óvissa varðandi getu FL Group til að standa við
lánaskuldbindingar geti haft áhrif á fjárhagslegan styrk TM og Nemi. Standard &
Poor's reiknar með ljúka athugun sinni fyrir lok júní eftir að búið er að fara
yfir málið með stjórnendum FL Group og TM. Athugunin gæti leitt til þess að TM
og Nemi yrðu lækkuð í matseinkunn um eitt eða fleiri þrep.
Nánari upplýsingar gefur Sigurður Viðarsson forstjóri Tryggingamiðstöðvarinnar
í síma 5152000.
Tilkynning Standard & Poor's:
Insurers Tryggingamidstödin And NEMI Forsikring On Watch Neg Over Parent's High
Debt Levels
Primary Credit Analyst:
Peter McClean, London (44) 20-7176-7075;
peter_mcclean@standardandpoors.com
Secondary Credit Analyst:
Rowena Potter, London (44) 20-7176-7070;
rowena_potter@standardandpoors.com
Additional Contact:
Insurance Ratings Europe;
InsuranceInteractive_Europe@standardandpoors.com
Publication date: 06-Jun-08, 12:12:16 EST
Reprinted from RatingsDirect
• Current Ratings
LONDON (Standard & Poor's) June 6, 2008--Standard & Poor's Ratings Services
said today that it placed its 'BBB' long-term counterparty credit and insurer
financial strength ratings on Iceland-based insurer Tryggingamidstödin hf.
(TM) and its subsidiary Norway-based non-life insurer NEMI Forsikring ASA on
CreditWatch with negative implications.
The CreditWatch placement reflects Standard & Poor's concerns over the
increasing levels of debt leverage in the parent company, Iceland-based
investment holding company FL Group (not rated). Uncertainty regarding FL's
ability to service its debt obligations could have consequences for the
capitalization of TM and NEMI. Standard & Poor's expects to resolve the
CreditWatch status well before the end of June 2008, subject to further
discussion with the management of FL and TM. At this stage, Standard & Poor's
believes the ratings could be lowered by one notch or more.
Ratings information is available to subscribers of RatingsDirect, the
real-time Web-based source for Standard & Poor's credit ratings, research, and
risk analysis, at www.ratingsdirect.com. It can also be found on Standard &
Poor's public Web site at www.standardandpoors.com; select your preferred
country or region, then Ratings in the left navigation bar, followed by Credit
Ratings Search. Alternatively, call one of the following Standard & Poor's
numbers: Client Support Europe (44) 20-7176-7176; London Press Office Hotline
(44) 20-7176-3605; Paris (33) 1-4420-6708; Frankfurt (49) 69-33-999-225;
Stockholm (46) 8-440-5914; or Moscow (7) 495-783-4017. Members of the media
may also contact the European Press Office via e-mail on:
media_europe@standardandpoors.com.