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AM Best Affirms Credit Ratings of Hannover Rck SE and Its Main Subsidiaries


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AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” of Hannover Rück SE (Hannover Re) (Germany) and its main subsidiaries (see detailed list of companies below). At the same time, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IR) of the debt instruments issued by Hannover Re and by Hannover Finance (Luxembourg) S.A. (Luxembourg) and guaranteed by Hannover Re. The outlook of these Credit Ratings (ratings) is stable.
These ratings reflect Hannover Re’s balance sheet strength, which AM Best categorises as strongest, as well as its strong operating performance, very favourable business profile and very strong enterprise risk management (ERM). ....

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AM Best Affirms Credit Ratings of Hannover Rück SE and Its Main Subsidiaries


Press release content from Business Wire. The AP news staff was not involved in its creation.
AM Best Affirms Credit Ratings of Hannover Rück SE and Its Main Subsidiaries
December 23, 2020 GMT
AMSTERDAM (BUSINESS WIRE) Dec 23, 2020
AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” of Hannover Rück SE (Hannover Re) (Germany) and its main subsidiaries (see detailed list of companies below). At the same time, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IR) of the debt instruments issued by Hannover Re and by Hannover Finance (Luxembourg) S.A. (Luxembourg) and guaranteed by Hannover Re. The outlook of these Credit Ratings (ratings) is stable. ....

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