• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Research Update: D.A.S. Rechtsschutz-Versicherungs-AG Assigned 'A+' Ratings On Strategic Importance To Munich Re; Outlook Stable Dec 09 Product Image

Research Update: D.A.S. Rechtsschutz-Versicherungs-AG Assigned 'A+' Ratings On Strategic Importance To Munich Re; Outlook Stable Dec 09

  • Published: December 2009
  • Standard & Poors

Abstract
We are assigning our 'A+' ratings to Germany-based legal expense insurer D.A.S. Rechtsschutz-Versicherungs-AG (DASG). We consider DASG to be strategically important to Munich Reinsurance Co. The outlook is stable. We believe that the company's strong competitive position, operating performance, and capitalization will remain supporting rating factors. On Dec. 22, 2009, Standard & Poor's Ratings Services assigned its 'A+' long-term counterparty credit and insurer financial strength ratings to Germany-based legal expense insurer (LEI) D.A.S. Rechtsschutz-Versicherungs-AG (DASG). The outlook is stable. The ratings on DASG reflect its status as a strategically important subsidiary of Munich Reinsurance Co. (Munich Re; AA-/Stable/--) under our group methodology criteria, and includes two notches of support from the stand-alone credit profile. Further rating factors are DASG's strong...

Companies mentioned in this report are: D.A.S. Rechtsschutz Versicherungs AG,Munich Reinsurance Co.,D.A.S. Oesterreichische Allgemeine Rechtsschutz Versicherungs AG
Action: New Rating

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

D.A.S. Rechtsschutz Versicherungs AG,Munich Reinsurance Co.,D.A.S. Oesterreichische Allgemeine Rechtsschutz Versicherungs AG

Format Properties
Electronic The report will be emailed to you.
Note: Product cover images may vary from those shown
More

RELATED PRODUCTS