Standard & Poor's
AA- ("Very Strong"), stable outlook
A.M. Best
A+ ("Superior"), stable outlook
During the year the company's financial strength ratings were affirmed by Standard & Poor's at AA- and by A.M. Best at A+. Both ratings match that of the parent company Hannover Re.
A first class rating is now more important than ever to be a key player in the international insurance market. The Hannover Re Group has an interactive rating agreement with Standard & Poor's and A.M. Best, which means that these two rating agencies have access to confidential information about the company. Key positives raised by the above mentioned rating agencies are among others:
- Strong operating performance
- Strong enterprise risk management
- Management team demonstrates consistent and successful execution of corporate strategy
- Very strong capital adequacy