Munich Re Group Sep 10
Standard & Poors, September 2010
Abstract
Please note that the ratings covered by this full analysis apply only to core entities of the group, which are listed below. These ratings do not apply to any noncore or unrated entities of the group. Ratings assigned to noncore entities of the group are published individually. Very strong competitive position. Very strong capitalization and financial flexibility. Strong enterprise risk management. Resilient operating performance during challenging financial market conditions Operating performance, although strong, is a relative weakness for the rating. Unfavorable risk-return profile of the domestic primary life insurance operations. The ratings on Germany-based global reinsurer Munich Reinsurance Co. and its related core entities (collectively, Munich Re) reflect the group's very strong competitive position, very strong capitalization and financial flexibility,...
Companies mentioned in this report are: Munich Reinsurance Co.,Munich Reins America Inc.,Munich American Reassurance Co.,American Alternative Insurance Corp.,Munich Reinsurance Co. of Australasia Ltd.,Great Lakes Reinsurance (U.K.) PLC,Munich Reinsurance Co. of Canada,ERGO Versicherung AG,New Reinsurance Co.,ERGO Lebensversicherung AG,Princeton Excess & Surplus Lines Insurance Co.,DKV Deutsche Krankenversicherung AG,Munich Re of Malta PLC
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
Munich Reinsurance Co.,Munich Reins America Inc.,Munich American Reassurance Co.,American Alternative Insurance Corp.,Munich Reinsurance Co. of Australasia Ltd.,Great Lakes Reinsurance (U.K.) PLC,Munich Reinsurance Co. of Canada,ERGO Versicherung AG,New Reinsurance Co.,ERGO Lebensversicherung AG,Princeton Excess & Surplus Lines Insurance Co.,DKV Deutsche Krankenversicherung AG,Munich Re of Malta PLC
Customers who bought this item also bought
All rights reserved. © Copyright 2013 Research and Markets WWW4
Terms and Conditions Privacy Policy Publishers Employment Opportunities Site Map Link to us Webmaster Affiliate Network
