Novae gets A- rating from Fitch
Novae Insurance Company Limited (NICL)has been given an insurer financial strength (IFS) rating of 'A-' (A minus) by ratings agency Fitch.
At the same time the agency has assigned Novae Group plc (Novae) an Issuer Default Rating (IDR) of 'BBB' and its GBP100m subordinated notes 'BB+'. The Outlooks for the IFS and IDR ratings are Stable
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