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Article: A.M. Best Affirms Financial Strength Rating of Allianz Suisse; Assigns Issuer Credit Rating.
- Article from:
- Business Wire
- Article date:
- August 26, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of Allianz Suisse Versicherungs-Gesellschaft and Allianz Suisse Lebensversicherungs-Gesellschaft (collectively referred to as Allianz Suisse) (Switzerland). Concurrently, A.M. Best has assigned an issuer credit rating of "a" to both companies. The outlook for both ratings remains stable.
The ratings reflect the enhancement from the implicit support of the ultimate parent company, Allianz AG. Other rating factors include Allianz Suisse's excellent risk-adjusted capitalisation, stable operating performance and excellent business profile.
Excellent ...