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23 July 2015 | Corporate

Corporate News

Fitch upgrades Insurer Financial Strength rating of Munich Re from AA- to AA

The upgrade recognises the strength of Munich Re

Munich Re ​upgrade from AA-, stable to AA, stable

Fitch: “The upgrade recognises the strength of Munich Re's franchise and financial profile within the global reinsurance sector, a view that is supported by strong and consistent property and casualty (P&C) reinsurance results and very strong capitalisation. Fitch regards Munich Re's reinsurance operation as one of a very select group that has the scale, diversity and financial strength to attract the highest quality business being placed into the global reinsurance market.”

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