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Alte Leipziger Lebensversicherung a.G. Outlook Positive On Strong Performance; 'A-' Rating Affirmed Jun 11
Standard & Poors, June 2011
Abstract
In our opinion, Germany-based life insurer Alte Leipziger Lebensversicherung a.G. (Alte Leipziger) has established a favorable record of consistently strong operating performance and strong capitalization in a challenging market. We expect that the company will be able to continue to sustainably outperform its peers. We are revising the outlook to positive from stable. At the same time, we are affirming our 'A-' long-term counterparty credit and insurer financial strength ratings. FRANKFURT (Standard & Poor's) June 21, 2011--Standard & Poor's Ratings Services said today that it had revised its outlook on Germany-based life insurer Alte Leipziger Lebensversicherung a. G. (Alte Leipziger) to positive from stable. At the same time, we affirmed the 'A-' long-term counterparty credit and insurer financial strength ratings....
Companies mentioned in this report are: Alte Leipziger Lebensversicherung a.G.
Action: Outlook: Positive
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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