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Article: A.M. Best Withdraws Ratings of Allianz-Elementar Versicherungs-AG and Allianz-Elementar Lebensversicherungs-AG.
- Article from:
- Business Wire
- Article date:
- September 16, 2008
CopyrightCOPYRIGHT 2008 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 (FSR) of A+ (Superior) and issuer credit ratings (ICR) of "aa" of Allianz-Elementar Versicherungs-AG and Allianz-Elementar Lebensversicherungs-AG (both of Austria). The outlook for all ratings is stable.
Concurrently, A.M. Best has withdrawn the ratings at both companies' request and assigned the FSR a category NR-4 and the ICRs an "nr". ...