However, these financial assurances
may not fully cover all future reclamation costs for these existing hardrock operations if operators do not complete required reclamation.
These assurances would be delivered by a trademarked symbol displayed by the seller for the benefit of the buyer.
The success of CPAs in offering the new assurance services will depend not only on their own efforts but also on the backing and assistance they receive from the American Institute of CPAs.
Best has assigned an FSR of A- (Excellent) to InnovAssur, Assurances generales inc.
The rating affirmation of AXA Assurances agricoles inc.
These rating concerns are partially offset by AXA Pacific's still excellent level of capitalization, reduced exposure in the Alberta automobile market, improvement since 2002 in overall operating and underwriting results and the explicit financial support shown by its parent, AXA Assurances Inc.
The rating affirmations of AXA Insurance Canada and Anglo Canada General Insurance Company are based upon their excellent level of capitalization, favorable underwriting leverage, improvement over the last two years in underwriting and operating performance, strong broker relations and the explicit financial support of AXA Assurances Inc.
The partnership will take the form of a 50/50 co-insurance agreement between Matmut and CNP Assurances, drawing on the two partners' expertise and resources, and that could associate FNMF.
Armed with first rate marketing and technical skills, Matmut and CNP Assurances are confident of their ability to offer Matumut clients personal risk solutions that are closely tailored to their needs and the quality of service they are entitled to expect.
At the same time, Standard & Poor's affirmed its single-'A' long-term counterparty credit and insurer financial strength ratings on Abeille assurances.
Abeille assurances is CGNU's main tied-agency general insurance operation in France, distributing personal and small commercial lines business, alongside sister life company Abeille Vie (AA/Stable/--).
7 billion French Francs in 1997, Allianz Assurances has been the main non life insurance subsidiary of the Allianz group in France, writing personal lines mainly and also involved in commercial business.
Allianz Assurances will eventually be merged within the new AGF group beginning in 1999 and thus will disappear in its current form, according to the business plan communicated to Standard & Poor's by AGF management.
LONDON--(BUSINESS WIRE)--Standard & Poor's CreditWire 11/18/97--Standard & Poor's today placed the triple-'B' counterparty credit and claims-paying ability ratings of Allianz Via Assurances SA of France on CreditWatch with positive implications.
Allianz Via Assurances is the principal French nonlife insurer in the Allianz group of companies.