Standard & Poor's Credit Market Services Ltd (S&P) confirmed Garantia Insurance Company Ltd’s financial strength rating A- and changed the rating outlook from negative to stable.

Garantia Insurance Company Ltd is a fully-owned subsidiary of Taaleri Plc.

Taaleri Plc

For further information, please contact
Garantia Insurance Company Ltd, CEO Vesa Aho, tel 358 50 343 1841

Taaleri in brief

Taaleri is a Financial Group, whose parent company Taaleri Plc is listed on Nasdaq Helsinki’s main market. The Taaleri Group consists of three business areas: Wealth Management, Financing and Energy. Taaleri provides services to institutional investors, companies and private individuals. The Group's subsidiaries engaging in business are Taaleri Wealth Management and its subsidiaries, Taaleri Private Equity Funds Ltd Group, Taaleri Investments Ltd Group, Taaleri Energia Ltd and Garantia Insurance Company Ltd. In addition, Taaleri has associated companies Fellow Finance Plc, which offers peer-to-peer lending services, and Inderes Ltd, which produces analyses for investors.

At the end of June 2016, Taaleri had EUR 4.2 billion assets under management and 3,600 wealth management customers. Taaleri Plc has approximately 2,600 shareholders. The operations of Taaleri are supervised by the Finnish Financial Supervisory Authority.

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The Financial Supervisory Authority has, on 29 November 2016, granted Taaleri Plc an exemption under Article 49 of the Capital Requirements Regulation (EU) 575/2013
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