|
|
 |
|
Viewing report
|
|
|
|
BULLETIN: Germany's Allianz Group Ratings Unchanged After Strong 2004 Results Mar 05
Standard & Poors, March 2005
Abstract
FRANKFURT (Standard & Poor's) March 17, 2005--Standard & Poor's Ratings Services said today that the improved 2004 results published by Allianz AG (AA-/Negative/A-1+) were in line with or above expectations. The results help to reinforce Allianz' developing track record of improvement across all its major profit centre activities, including banking. Further detailed analysis is still required to assess the full implications of the 2004 results when added to the significant capital management exercise effected at the end of January 2005, as well as the progress made in life operations. The negative outlook currently attached to the group's ratings will be reviewed in the forthcoming months in the light of these apparently fundamental improvements. Overall, during 2004, the group achieved net...
Companies mentioned in this report are: Allianz SE,Dresdner Bank AG
Action: Bulletin
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.
|
|
|
|
