- Language: English
- Published: October 2012
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
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 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.
Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.
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D.A.S. Rechtsschutz Versicherungs AG,Munich Reinsurance Co.,D.A.S. Oesterreichische Allgemeine Rechtsschutz Versicherungs AG
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