Fitch Affirms and Withdraws Rating on AIA Thailand

Stocks and Financial Services Press Releases Thursday April 12, 2018 14:50
Bangkok--12 Apr--Fitch Ratings

Fitch Ratings has affirmed and withdrawn AIA Company Limited, Thailand Branch's (AIA Thailand) National Insurer Financial Strength (IFS) Rating of 'AAA(tha)' with a Stable Outlook. Fitch has chosen to withdraw the rating of AIA Thailand for commercial reasons. Fitch will no longer provide ratings or analytical coverage of the company.

KEY RATING DRIVERS

The affirmation of AIA Thailand's rating reflects limited change in its credit profile since our last review on 6 March 2018. AIA Thailand maintains a very strong business profile, financial performance and capitalisation.

RATING SENSITIVITIES
Not applicable as the rating has been withdrawn.

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