The ratings agency, S&P Global Ratings, has reaffirmed Grupo SURA's risk rating, as an investment holding company, at 'BB+.  This applies to the credit ratings of both the issuer and the issue on a global scale. Likewise, S&P granted a stable outlook to this rating.

Among the main reasons on which this decision was based was the Company's sound performance outlook over the coming years, backed by a recovery with the industries that make up its investment portfolio. This outlook is in keeping with the expected flows of dividends from investments which, according to the rating agency, guarantees the levels of liquidity required by the Organization.

Finally, S&P also mentioned that the holding company maintains an adequate level of liability management and stated that it shall continue to enjoy a comfortable debt refinancing possibility due to its positioning in the credit market that allows it to access a diversity of banking alternatives if required.