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Article: S&P Reviews 'pi' Ratings on 31 German Life Insurers.

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PR Newswire
Article date:
October 2, 2000
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LONDON, Oct. 2 /PRNewswire/ --

Following its review of all German underwriting results, Standard & Poor's today assigned its single-'Api' ratings to Germany-based DBV Winterthur Lebensversicherung AG (DBV Winterthur Leben). At the same time, Standard & Poor's lowered its ratings on Hannoversche Lebensversicherung aG (Hannoversche Leben) and Stuttgarter Lebensversicherung aG (Stuttgarter Leben) to triple-'Bpi' from single-'Api'. The public information-based insurer financial strength ratings on a further 28 companies were affirmed. See list below for all rating actions.

The ratings on DBV-Winterthur Leben reflect the company's very strong capitalization ...

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