Spanish funeral insurer Ocaso receives A+ rating

An open coffin surrounded by flowers

Spanish insurer Ocaso, S.A. Seguros y Reaseguros has had its financial strength rating affirmed as A+ (Superior) and the issuer credit rating of “aa-” by ratings agent AM Best. The outlook for both ratings is stable.

The ratings reflect Ocaso's superior risk-adjusted capitalisation, excellent operating performance and strong business profile. A partially offsetting rating factor is the risk exposure ensuing from

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