Fitch Publishes Chilean Auto Insurance Dashboard

Wed Dec 10, 2014 9:13am EST

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Auto Insurance Dashboard 2014 here SANTIAGO, December 10 (Fitch) Fitch Ratings has published a new insurance dashboard examining the auto insurance segment in Chile. The dashboard discusses the potential effect that the new car sale slowdown -projected for the end of 2014 and 2015- could have in the gross written premium growth of the auto insurance segment and of the non-life industry as a whole. Fitch highlights the importance of the new care sale on the vehicles' lines growth in consideration of the higher penetration that insurance have in this segment. Likewise, Fitch considers Business Insurance lake worth that this situation would have an effect on the industry growth due to the importance of the auto segment growth on the aggregate. The Chilean 'Auto Insurance Dashboard' is available at '' and '' or by clicking on the above link. Contact: Carolina Alvarez Director +56 2 2499 3321 Fitch Chile Clasificadora de Riesgo Ltda., Alc?ntara 200, Of. 202, Las Condes, Santiago, Chile Rodrigo Salas Senior Director +56 2 2499 3309 Media Relations: Elizabeth Fogerty, New York, Tel: +1 (212) 908 0526, Email: [email protected] Additional information is available at ''. ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: here. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.