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Article: Fitch Assigns Hannover Re 'A+' IFS Rating.
- Article from:
- Business Wire
- Article date:
- November 10, 2005
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LONDON -- Fitch Ratings has today affirmed Hannover Rueckversicherung AG's ('Hannover Re') and E+S Rueckversicherung AG's Insurer Financial Strength (IFS) ratings of 'A+'. At the same time, Fitch has affirmed Hannover Re's Long-term rating of 'A+'. The Outlook on these ratings is Stable. Fitch has also affirmed the 'A-' (A minus) ratings assigned to Hannover Finance (Lux) S.A.'s USD750 million subordinated notes due in 2024 and EUR500m perpetual subordinated notes. Both issues are guaranteed by Hannover Re.
The affirmation of these ratings follows the publication of Hannover Re's 3Q05 results. The group's operating performance for the nine month period to ...