AMB RATING CONFIRMED
[BIZ: Aachen, March 19] S&P regards the strong competitive position and operating performance, which is in particular illustrated by its attractive and customer-oriented product mix in comparison to its German competitors, as the major strengths of the AMB Generali Group. According to the rating-report, the companies are managed as a unity with different brands and primarily run their business through various distribution channels. S&P has a "positive" view of AMB Generali's management and strategy, which is the highest possible rating. According to S&P the track record demonstrates the achievement of strategic objectives in recent years. Furthermore, the rating agency recognizes that the Group is core to the international Generali Group. S&P perceives the Group-wide cooperation in terms of enterprise risk management, asset management and IT as further underpinning its core status. The outlook remains stable.
On the third consecutive occasion, the AMB Generali Group has been assigned the best rating currently granted by Standard & Poor's (S&P) to a primary insurer in Germany. All companies considered by S&P as core to the Group have an AA rating ("very strong"). With this outstanding result the companies of the AMB Generali Group underline their top position in the German market.
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