ICT Spend Predictions in Medium-sized German Educational Institutions - Estimated ICT budget breakdowns in 2013
- Language: English
- Published: May 2013
- Region: Germany
The ratings on the operating entities of Germany-based primary insurance group ERGO Versicherungsgruppe AG (collectively ERGO; core operating entities rated AA-/Stable/--) solely reflects their core status to Munich Reinsurance Co. (Munich Re; AA-/Stable/--). This status is based on ERGO's sizable contribution to Munich Re's premium income, a strong competitive position, and continued improvements in operating performance in line with Munich Re's expectations. These strengths are partially offset by the strategic challenge it faces to regain growth momentum and its relatively weaker competitive profile in individual life insurance, which is partly due to a lack of product innovation. ERGO represents an integral part of the Munich Re group's overall strategy. This is demonstrated by the growing integration of the primary insurance...
Companies mentioned in this report are: ERGO Versicherungsgruppe AG,Munich Reinsurance Co.
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.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
SHOW LESS READ MORE >
ERGO Versicherungsgruppe AG,Munich Reinsurance Co.