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S&P has affirmed Alandias A- rating with stable outlook

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We are pleased to share that S&P Global Ratings (S&P) on October 16th has affirmed Alandia’s A- rating with stable outlook.

According to S&P:s analysis report published November 24th, Alandia’s outlook is stable due to their expectation that Alandia over the next two years will maintain the current underwriting performance and robust capital position. Furthermore, S&P highlights that they “Continue to view Alandia’s solid and resilient capital above the 99,99% confidence level as a key rating strength”.

S&P also highlights that Alandia benefits from the strong market position and reputation held in Finland, Sweden and Denmark while growing the presence in the international marine market. According to their forecast for 2025-2027, S&P expects Alandia to further improve underwriting performance despite the elevated competition within the marine market.

Read the full rating report published by S&P here.

 

You can continue to count on us

The A- rating is a fundamental cornerstone in achieving our strategic goals and providing our customers with long-term stability. We look forward to continuing to be a strong and reliable partner for our customers’ journeys ahead!

For more information:

Tony Karlström
CEO
tony.karlstrom@alandia.com
+358 40 509 4874

 

Alandia is an insurance company with focus on Marine, Cargo and Boat insurance. With 85 years of experience, Alandia delivers swift and relevant service and marine insurance solutions that provide long-term security, reduce risk and resource utilization. Headquartered on the Aland Islands and with offices in Helsinki, Oslo and Stockholm Alandia employs approximately 120 professionals. alandia.com