La Segunda ART -- Moody's affirms most Argentine insurers' ratings, restoring stable outlooks

Buenos Aires City, November 04, 2015 -- Moody's Latin America Agente de Calificación de Riesgo ("Moody's") has affirmed the global local currency (GLC) and national scale (NS) insurance financial strength (IFS) ratings of 21 Argentine insurers and reciprocal guarantors, and has downgraded the GLC and NS IFS ratings of one insurer. The rating outlooks for 20 of the 21 affirmed entities were revised to stable from negative, while the outlook of one affirmed insurer was revised to positive from negative. The downgraded insurer now has a stable outlook. See complete list of companies and ratings/outlooks below.

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