Ratings and solvency

Insurance financial strength/Rating

Assessment of an insurance company's ability to meet its obligations towards policyholders. For many years Munich Re has been one of the reinsurers with excellent ratings.

Group solvency

The Munich Re Group is subject not only to the supervisory requirements applying to individual insurance companies but also to supervision at Group level. Solvency in the case of insurance companies is generally understood to be the ability of an insurer to always meet the obligations assumed under its contracts.

Ratings of the Munich Re
Rating agency Rating Outlook Last modification
A.M. Best A+ (Superior) stable 7 September 2007
Fitch AA– (Very strong) stable 19 July 2005
Moody's Aa3 (Excellent) stable 17 March 2005
Standard & Poor's AA– (Very strong) stable 22 December 2006
 
Group solvency
  31.12.2008 Prev. year
Eligible capital of the Group €bn 19.9 24.9
Adjusted solvency ratio % 263.9 342.2