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Article: A.M. Best Assigns Ratings to AMB Generali Holding AG and Its Main Subsidiaries.

Article from:
Business Wire
Article date:
August 18, 2008
Copyright

OLDWICK, N.J. -- A.M. Best Co. has assigned a financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of "aa-" to AMB Generali Holding AG (AMB Generali) (Germany) and its main subsidiaries. The outlook for all ratings is stable. (See below for a complete list of the companies and ratings.)

The ratings reflect AMB Generali's strong position in the German market, resilient operating performance and its strong but declining financial performance.

The AMB Generali group has an excellent business profile in the German insurance market, where according to gross written premiums (GWP, local GAAP), it is the second-largest composite ...

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