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Moody's Maintains Alm. Brand's Ratings; Outlook Stable

MT Newswires·08/24/2026 10:52:01
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10:52 AM EDT, 08/24/2026 (MT Newswires) -- Moody's on Monday affirmed the Baa1 long-term issuer ratings of Alm. Brand (ALMB.CO) and the A2 insurance financial strength ratings of the main operating entity, Alm. Brand Forsikring, with a stable outlook. The rating affirmation was based on the insurance group's strong profitability and capitalization and robust position in Denmark's property and casualty market. For the stable outlook, the rating agency noted that the company is expected to maintain a stable business and financial profile over the next 12 to 18 months.