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Article: S&P Reviews 'pi' Ratings on Nine German Life Insurers.
- Article from:
- Business Wire
- Article date:
- December 4, 2001
CopyrightCOPYRIGHT 2001 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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Business Editors
LONDON--(BUSINESS WIRE)--Standard & Poor's
Dec. 4, 2001--Standard & Poor's today announced updated public information-based ('pi') ratings on nine German life insurers. At the same time, Standard & Poor's also assigned 'Not rated' ratings to a further two German life insurers. (See list below for all ratings affected.)
Gothaer Lebensversicherung AG and ASSTEL Lebensversicherung AG were assessed for the first time, and were assigned 'Not rated' ratings. The ratings reflect the fact that these two companies have not been trading long enough in their current form to facilitate the assignment of counterparty credit and insurer ...