Ratings of Subsidiaries

Normal view (turn off text only mode)
You are here:

Ratings and Solvency

Insurance financial strength ratings of Munich Re’s subsidiaries

Subsidiary of reinsurance group

  A.M. Best Fitch Moody's S&P
American Alternative Insurance Corporation A+     AA-
American Modern Insurance Group A+      
Great Lakes Insurance SE A+     AA-
Munich American Reassurance Company A+     AA-
Munich Mauritius Reinsurance Company Ltd.1       AA-
Munich Reinsurance America A+ AA Aa3 AA-
Munich Reinsurance Company of Africa Ltd.1       AA-
Munich Re America Corporation (counterparty credit rating)         A-
Munich Reinsurance Company of Australasia Ltd.       AA-
Munich Reinsurance Company of Canada A+     AA-
Munich Re of Malta p.l.c.       AA-
Munich Re Trading LLC       A+
New Reinsurance Company Ltd. A+     AA-
The Hartford Steam Boiler Group A++ AA    
The Princeton Excess and Surplus Lines Insurance Company A+     AA-
Temple Insurance Company A+     A+
1 Munich Mauritius Reinsurance Company Ltd. (“MMRC“) and Munich Reinsurance Company of Africa Ltd. (“MRoA”) benefit from parental guarantees issued by Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (the “Guarantor”). The guarantees cover all of the payment obligations of MMRC and MRoA under the reinsurance contracts issued by them. The guarantees are unconditional and continuing and shall be binding upon the Guarantor. The owners of the reinsurance contracts issued by MMRC and MRoA are express third party beneficiaries of these guarantees. The obligations of the Guarantor under these guarantees rank pari passu with all other unsecured indebtedness of the Guarantor.

Subsidiary of primary insurance group

  A.M. Best Fitch Moody's S&P
D.A.S. Legal Expenses Insurance Company Limited (Great Britain)       A
D.A.S. Rechtsschutz AG (Austria)       A
DKV Deutsche Krankenversicherung AG   AA   AA-
ERGO Insurance Pte. Ltd.  (Singapore) A-      
ERGO Versicherung AG       AA-
ERGO Group AG (counterparty credit rating)   AA-   A
Europäische Reiseversicherung AG   AA    
Europaeiske Rejseforsikring A/S (Denmark)   A+    
ERV Foersaekringsaktiebolag (Sweden)   A+    
Vorsorge Lebensversicherung AG   AA    

External Links

Detailed information on the rating of individual Munich Re Group companies as well as general rating categories can be found on the websites of the rating agencies:

Main Navigation
Service Men


This publication is available exclusively to Munich Re clients. Please contact your Client Manager.