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A.M. Best Comments on the Proposed Acquisition of the Minority Shareholdings of AGF and Allianz Lebensversicherungs-AG by Allianz SE.

Publication: Business Wire
Publication Date: 18-JAN-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
OLDWICK, N.J. -- A.M. Best Co. has commented that the financial strength rating of A+ (Superior) of Allianz Societas Europaea (Allianz), AGF Group and Allianz Lebensversicherungs-AG remains unchanged following Allianz's intention to acquire the minority shareholdings in these two subsidiaries.

A.M. Best believes that risk-adjusted capitalisation will deteriorate following...

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