A.M. Best Affirms Credit Ratings of HDI Haftpflichtverband der Deutschen Industrie V.a.G., Talanx AG and Its Core Subsidiaries
The ratings reflect the group’s balance sheet strength, which
The HDI/Talanx group’s balance sheet strength is underpinned by risk-adjusted capitalisation, as measured by Best’s Capital Adequacy
The group’s strong operating performance is supported by a track record of relatively stable underwriting profits and resilient investment income, which translated into a five-year (2013-2017) average return on equity of 9.7% (as calculated by
With consolidated gross premium income of
The FSR of A (Excellent) and the Long-Term ICRs of “a+” have been affirmed with a stable outlook for the following subsidiaries of HDI Haftpflichtverband der Deutschen Industrie V.a.G.:
- HDI-Gerling de México
Seguros, S.A. -
HDI Global SE -
HDI Global Network AG -
HDI Global Insurance Company -
HDI Lebensversicherung AG -
HDI Specialty Insurance Company -
Talanx Reinsurance (Ireland) SE
The Long-Term IR of “bbb+” has been affirmed for the following:
--
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and
Copyright © 2018 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
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A.M. Best Affirms Credit Ratings of HDI-Gerling de Mexico Seguros, S.A.
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