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Bankwatch Ratings S.A., associated with Fitch Ratings, the leading company in world-wide financial ratings, classified Seguros Equinoccial on December 31, 2006 with the rating of :
“AA – (ecu)”
This rating measures the strength of Seguros Equinoccial and its capacity to fulfill the obligations it has acquired with policy and contract holders in regard to time and form. This rating was based on the following strengths:
• Sufficient technical result supported by low levels of expenses and controlled adversity
• Conservative program for re-insurance
• Adequate position in the market
• Quality investment portfolio
This rating motivates us to keep on working daily to continue being the first option in the insurance market, and it compels us to maintain and improve our service and financial standards.
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