OREANDA-NEWS. Fitch Ratings has affirmed GuarantCo Limited's (GuarantCo) Insurer Financial Strength (IFS) rating at 'AA-'. The Outlook is Stable.

The affirmation reflects GuarantCo's strong owners, solid capital position, established track record of providing local currency guarantees to finance private infrastructure projects in emerging markets and its low investment risk. These strengths are partly offset by the company's fairly small size and historically weak profitability.