AMB GENERALI: AA3
[BIZ: Aachen, September 9] "We have leading positions in all four interactive financial strength ratings", said Dietmar Meister, Chief Executive of AMB Generali. "These distinctions are an unmistakable confirmation of our business policy. At the same time, the top ratings provide a clear and positive signal to our customers that our companies are sound and efficient partners." In its rating rationale, Moody's states that the excellent rating is supported by the very strong market position of AMB Generali as the second-largest primary composite insurance group in the German market.
AMB Generali has again been assigned one of the highest ratings for German primary insurers under a financial strength rating. After Standard & Poor's (AA "excellent"), Fitch (AA "very strong") and A.M. Best (A+ "Superior"), Moody's Investors Service has now confirmed its high-grade rating of "Aa3" for AMB Generali and its subsidiaries. AMB Generali is the only primary insurance group in Germany with an interactive rating from all rating agencies of international renown.
According to Moody's, this position is in particular attributable to the strength and diversity of distribution channels and to the excellent brand value of most subsidiaries. At the same time, the rating agency underlines the conservative investment strategy and the prudent reserving policy within the scope of a well-diversified and successful business model. Visit the website for further information.
http://www.amb-generali-de/