Alm. Brand Forsikring A/S, Codan Forsikring A/S and Alm. Brand A/S are rated by the international credit rating agency Fitch Ratings. Fitch Ratings has assigned Alm. Brand Forsikring A/S and Codan Forsikring A/S an Insurance Financial Strength Rating (IFSR) of ‘A+’. Alm. Brand A/S has a Long-Term Issuer Default Rating (IDR) of ‘A’. The ratings all have a ‘stable outlook’, reflecting Fitch Ratings’ expectation that the rating will remain at the level assigned in the short to medium term. Alm. Brand A/S has two debt issuances: Subordinated Tier 2 notes and subordinated Restricted Tier 1 notes. These notes are assigned the ratings ‘BBB’ and ‘BBB-‘ respectively, in line with Fitch's hybrid debt notching criteria.

  Rating Outlook Date Downloads
Alm. Brand Forsikring
Insurance Financial Strength Rating
A+ Stable 12/7/2022 Fitch Rating Commentary
Codan Forsikring
Insurance Financial Strength Rating
A+ Stable 29/4/2022 Fitch Rating Commentary
Alm. Brand A/S
Long Term Issuer Default Rating
A Stable 23/9/2021
Tier-2 Subordinated Notes BBB   Prospectus T2 Notes
Press release
Press release Issuance
Risk Factors
Terms and Conditions
Investor presentation
Restricted Tier-1 BBB-   4/4/2022 Prospectus RT-1
Risk Factors
Terms and Conditions

Risk reports

Reference is generally made to Alm. Brand’s most recent annual reports.

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