KBC Group Re S.A. is the internal reinsurance subsidiary belonging to the KBC Group. The company specializes in protecting the group's bank and insurance entities.
Rating Corporate Information
KBC Group Re S.A. has an "A" (positive outlook) rating with S&P (29/11/2024).Latest communications
Standard&Poor's affirms "A" rating with an outlook revised to "Positive" for KBC Group ReS&P has affirmed the rating in line with their update on KBC Group from November 2024, with an outlook revised from stable to positive.
They expect that KBC Group's strong franchise, robust risk management, sound liquidity and funding metrics, and its advancement in building digital infrastructure should enable the group to perform well in different economic conditions and achieve sustainable results comparable to peers.
They therefore revised the outlook on KBC Group and its core subsidiaries, including KBC Group Re, to positive from stable.
The positive outlook reflects their view that the group will continue to grow its operations, maintain solid funding and liquidity metrics, and deliver robust risk-adjusted returns in line with higher rated peers, while maintaining strong capitalization.
The positive rating outlook KBC Group Re mirrors that on KBC Group, given the core strategic importance to the group.