• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
Research Update: HDI-Gerling America Insurance Co. 'A+' L-T Rating Assigned; Outlook Stable Dec 07 Product Image

Research Update: HDI-Gerling America Insurance Co. 'A+' L-T Rating Assigned; Outlook Stable Dec 07

  • ID: 2025028
  • December 2007
  • Region: America, United States
  • Standard & Poors

Abstract
On Dec. 11, 2007, Standard & Poor's Ratings Services assigned its 'A+' long-term counterparty credit and insurer financial strength ratings to HDI-Gerling America Insurance Co. (HG-America). The outlook is stable. The ratings reflect the classification of the company, which is fully owned by Germany-based HDI-Gerling Industrie Versicherung AG (HG-Industrie AG; A+/Stable/--) as core to Talanx AG (A-/Stable/--), the parent company of Talanx Primary Group (TPG). In Standard & Poor's view, HG-America is integral to TPG's strategy to maintain its strong competitive position in international programs with its globally operating European industrial line customers. HG-America's core status reflects the function to underwrite local policies in the U.S., predominantly within HG-Industrie AG's international programs in industrial lines with European clients. Most of...

Companies mentioned in this report are:
- HDI-Gerling America Insurance Co.
- Talanx AG
- HDI-Gerling Industrie Versicherung AG

Action: New Rating
Action: Outlook: Stable

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial READ MORE >

Note: Product cover images may vary from those shown

- HDI-Gerling America Insurance Co.
- Talanx AG
- HDI-Gerling Industrie Versicherung AG

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

RELATED PRODUCTS