{"id":44693,"date":"2026-07-24T19:55:00","date_gmt":"2026-07-24T17:55:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=ab18f2dbf43b4b07466eb9be43b5374a"},"modified":"2026-07-24T19:55:00","modified_gmt":"2026-07-24T17:55:00","slug":"am-best-affirms-credit-ratings-of-onix-asigurari-s-a","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=44693","title":{"rendered":"AM Best Affirms Credit Ratings of ONIX Asigurari S.A."},"content":{"rendered":"

AMSTERDAM--(BUSINESS WIRE)--#insurance<\/a>--AM Best<\/b> has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of \u201cbb+\u201d (Fair) of ONIX Asigurari S.A. (ONIX) (Romania). The outlook of these Credit Ratings (ratings) is stable.<\/p><\/a><\/a>

The ratings reflect ONIX\u2019s balance sheet strength, which AM Best assesses as adequate, as well as its strong operating performance, limited business profile and marginal enterprise risk management (ERM).<\/p>

ONIX\u2019s risk-adjusted capitalisation, as measured by Best\u2019s Capital Adequacy Ratio (BCAR), was assessed at the strongest level at year-end 2025, underpinned by good internal capital generation. AM Best also views positively ONIX\u2019s conservative investment portfolio, which is entirely made up of cash or term deposits. However, ONIX\u2019s small capital base and lack of reinsurance protection increases the potential volatility in its risk-adjusted capitalisation, particularly considering its exposure to large surety risks. The company\u2019s limited financial flexibility is also considered an offsetting factor in its balance sheet strength assessment.<\/p>

ONIX\u2019s operating performance is assessed at the strong level, reflecting its track record of good technical results since inception. For the five-year period ending in 2025, the company reported a weighted average combined ratio of 54.7%, as calculated by AM Best. Earnings are further supported by improved investment profits in recent years, benefiting from the healthy interest rate environment.<\/p>

ONIX is a niche mono-line insurer in the surety line of business with a focus on Italy and Spain. The company leverages its specialist expertise to compete against larger players.<\/p>

AM Best views ONIX\u2019s ERM as marginal. Solvency II requirements are embedded within ONIX\u2019s risk framework, and its Solvency II regulatory capital adequacy ratio is monitored against risk appetite levels approved by its board. The company\u2019s risk management framework is evolving, and its risk management capabilities are considered by AM Best to be below the company\u2019s risk profile in some areas.<\/p>

This press release relates to Credit Ratings that have been published on AM Best\u2019s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best\u2019s <\/b>Recent Rating Activity<\/b><\/a> web page. For additional information regarding the use and limitations of Credit Rating opinions, please view <\/b>Guide to Best\u2019s Credit Ratings<\/b><\/a>. For information on the proper use of Best\u2019s Credit Ratings, Best\u2019s Performance Assessments, Best\u2019s Preliminary Credit Assessments and AM Best press releases, please view <\/b>Guide to Proper Use of Best\u2019s Ratings & Assessments<\/b><\/a>.<\/b><\/p>

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit <\/b>www.ambest.com<\/b><\/a>.<\/b><\/p>

Copyright \u00a9 2026 by A.M. Best Rating Services, Inc. and\/or its affiliates. ALL RIGHTS RESERVED.<\/b><\/p> Contacts<\/b>

Ke Yang<\/b>Senior Financial Analyst<\/b>+31 20 808 2276<\/b>ke.yang@ambest.com<\/a>Dr. Mathilde Jakobsen<\/b>Senior Director, Analytics<\/b>+31 20 808 3118<\/b>mathilde.jakobsen@ambest.com<\/a>Christopher Sharkey<\/b>Associate Director, Public Relations<\/b>+1 908 882 2310<\/b>christopher.sharkey@ambest.com<\/a>Al Slavin<\/b>Senior Public Relations Specialist<\/b>+1 908 882 2318<\/b>al.slavin@ambest.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

AMSTERDAM–(BUSINESS WIRE)–#insurance–AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of \u201cbb+\u201d (Fair) of ONIX Asigurari S.A. (ONIX) (Romania). The outlook of these Credit Ratings (ratings) is stab…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-44693","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/44693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44693"}],"version-history":[{"count":2,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/44693\/revisions"}],"predecessor-version":[{"id":44696,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/44693\/revisions\/44696"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}