|
|
 |
|
Viewing report
|
|
|
|
AXA Germany May 02
Standard & Poors, May 2002
Abstract
The ratings on Germany-based insurers AXA Lebensversicherung AG (AL), AXA Versicherung AG (AV), and AXA Krankenversicherung AG (AK)--together the cornerstones of AXA Germany--are based on their integration into the Paris-based global insurance group AXA's worldwide strategy, which focuses on products and services for retirement protection and asset gathering. Furthermore, AXA Germany demonstrates a very strong business position in the German life, non-life, and health insurance markets, and excellent capitalization. Partially offsetting these strengths is AXA Germany's operating performance, which is strong overall, but needs further improvement. Core status to the global AXA group. AL, AV, and AK together form the integrated German cornerstones of the global AXA group. AXA Germany fits well into the AXA group's worldwide strategy to be...
Action: Review
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: Full Analysis
|
|
|
|
