is spokesman of Deutsche Rück and head of our Communications Department
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The rating agency Standard & Poor’s has confirmed its “A+” rating for the Deutsche Rückversicherung Group. The outlook remains “stable”. The rating encompasses both Deutsche Rückversicherung AG in Düsseldorf and Deutsche Rückversicherung Switzerland Ltd (DR Swiss) in Zurich.
In its report, Standard & Poor’s confirms that Deutsche Rück has a sustainable and very strong capital base, supported by a conservative strategy for recognition of reserves. The rating agency also emphasises the important role that the company plays in the German reinsurance market. With this in mind, it has confirmed its “A+” rating and the company’s ongoing positive business performance with a stable outlook.
“The confirmation of the 'A+' rating highlights the Deutsche Rück Group’s solid, sustainable development,” says Frank Schaar, Chief Executive Officer of the Deutsche Rück Group. “The company’s solid stability forms the basis for our reliability in long-term risk partnerships, which our clients value very highly.”
Frank Schaar, CEO