Talanx Primary Insurance Group Oct 10
Standard & Poors, October 2010
Abstract
Please note that the ratings covered by this full analysis apply only to Talanx AG and core entities of the Talanx Primary Insurance Group (TPG), which are listed below. These ratings do not apply to any noncore or unrated entities of TPG. Ratings assigned to noncore entities of TPG are published individually. Strong competitive position. Strong operating performance. Very conservative non-life loss reserve policy. Low capitalization of HDI-Gerling Lebensversicherung AG and the relatively lower competitive strength of HDI Gerling Leben/Aspecta life insurance segment. Highly complex organizational structure with the risk of inefficiencies. The ratings on the core operating entities of Germany-based Talanx Primary Insurance Group (TPG) reflect Standard & Poor's Ratings Services' view of the group's strong competitive position, strong...
Companies mentioned in this report are: HDI-Gerling Industrie Versicherung AG,HDI Haftpflichtverband der Deutschen Industrie VaG,HDI-Gerling Lebensversicherung AG,neue leben Lebensversicherung AG,Talanx AG,HDI Direkt Versicherung AG,Aspecta Lebensversicherung AG,HDI-Gerling America Insurance Co.,HDI-Gerling Welt Service AG,HDI-Gerling Firmen und Privat Versicherung AG
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
HDI-Gerling Industrie Versicherung AG,HDI Haftpflichtverband der Deutschen Industrie VaG,HDI-Gerling Lebensversicherung AG,neue leben Lebensversicherung AG,Talanx AG,HDI Direkt Versicherung AG,Aspecta Lebensversicherung AG,HDI-Gerling America Insurance Co.,HDI-Gerling Welt Service AG,HDI-Gerling Firmen und Privat Versicherung AG
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