MUTUALIDAD GENERAL DE PREVISION DEL HOGAR DIVINA PASTORA MUTUALIDAD DE PREVISION SOCIAL A PRIMA FIJA
Axesor Rating assigns for the first time a "BBB+" rating with a Stable outlook to Divina Pastora Group.
Grupo Divina Pastora (hereinafter Divina Pastora) is a national insurance group licensed to operate in 15 insurance lines specializing in healthcare, accident insurance, savings plans and life insurance.
Our credit rating is based on the group's outstanding capitalization, no financial leverage and a conservative profile in its financial investments. We also positively assess the group's recurring profits, its remarkable efficiency in its business and its presence in multiple insurance lines with differentiated dynamics.
On the other hand, our rating is limited by the company's small size, the concentration of its revenues in the Spanish market and the interest rate environment that is negatively affecting the insurance sector, especially life insurance.