Ratings deliver transparency and make it easier for direct insurers to reliably evaluate the long-term solid capitalisation of a reinsurance company. We therefore believe that it is important to have leading rating agencies evaluate our solvency and financial performance at regular intervals. We were even able to retain our A+ rating during the financial crisis and have had it revalidated on an annual basis since 2008.
|Standard & Poor's (2018)||A+ (very good)||stable|
|Fitch(2018)||A+ (very good)||stable|
In 2018, the rating agency Standard & Poor’s awarded DEVK a credit rating of A+ (very good) once again. Its assessment was due primarily to the strong capitalisation of the Group, its outstanding competitive position on the market and its positive business performance.
The strength of the insurance Group makes it possible to develop reinsurance with a level head and no pressure to grow.
Head of Dept. Underwriting Non-Life Reinsurance