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AXA's Main Insurance Operating Entities in U.K. and Germany Rated 'AA'; Outlook Stable Dec 00
Standard & Poors, Dec 2000
Abstract
PARIS (Standard & Poor's CreditWire) Dec. 21, 2000--Standard & Poor's today assigned first ratings to the main insurance operating entities in the U.K. and Germany of Paris-based AXA Group (AXA); double-'A' long-term counterparty credit and insurer financial strength ratings were assigned. The companies are: AXA Sun Life PLC, AXA Equity & Law Life Assurance Society, AXA General Insurance Ltd, AXA Direct Insurance Ltd, AXA Colonia Versicherung AG, AXA Colonia Lebensversicherung AG, and AXA Colonia Krankenversicherung AG. The ratings are based on the entities' core status within the AXA group. The outlook on all the companies is stable. At the same time, Standard & Poor's affirmed all its existing double-'A' long-term counterparty credit and insurer financial strength ratings on other AXA...
Companies mentioned in this report are: AXA,AXA Versicherung AG,AXA Lebensversicherung AG,AXA Krankenversicherung AG,Friends Life Company Ltd,AXA Equity & Law Life Assurance Society PLC,AXA General Insurance Ltd.,AXA Direct Insurance Ltd.
Action: Various Rating Actions
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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