Britannia retains its S&P ‘A’ (stable) rating

Britannia retains its S&P ‘A’ (stable) rating

Britannia P&I Club’s overall credit rating has once again been confirmed as ‘A’ (stable) by S&P Global Ratings, the world’s leading independent credit ratings provider.  S&P added that Britannia’s outlook remains stable over the next two years, based on its view that the Club’s current capital buffer well exceeds S&P’s ‘AAA’ level requirement.

S&P noted the difficult trading conditions experienced in 2020/21, with significant earnings volatility, but...

https://www.allaboutshipping.co.uk/2020/10/02/britannia-retains-its-sp-a-stable-rating/

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