A.M. Best Co. has withdrawn the financial strength rating (FSR) of A+ (Superior) and issuer credit rating (ICR) of "aa-" and assigned an NR -5 (Not Formally Followed) to the FSR and an "nr" to the ICR of Generali Versicherung Aktiengesellschaft and Generali Lebensversicherung Aktiengesellschaft, following their merger into Volksfuersorge Deutsche Sachversicherung Aktiengesellschaft and Volksfuersorge Deutsche Lebenversicherung Aktiengesellschaft, respectively.
Volksfuersorge Deutsche Sachversicherung Aktiengesellschaft was renamed Generali Versicherung Aktiengesellschaft, and Volksfuersorge Deutsche Lebensversicherung Aktiengesellschaft was renamed Generali Lebensversicherung Aktiengesellschaft. These renamed entities currently have an FSR of A+ (Superior) and an ICR of "aa-". All companies are domiciled in Germany.
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The principal methodologies used in determining these ratings, including any additional methodologies and factors that may have been considered, can be found at www.ambest.com/ratings/methodology.
Founded in 1899, A.M. Best Company is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. For more information, visit www.ambest.com.
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