Ratings

The Generali Deutschland Group relies on interactive company ratings of long-term financial strength as a good and dependable source of information. The Group is rated by the four leading international rating agencies - Standard & Poor's, Moody's Investors Service, FitchRatings and A.M. Best - through interactive rating procedures. Each of these agencies has assigned a rating of its second-highest category to the Generali Deutschland Group. Agency ratings are based on the situation as at a specific date and may be subject to change. The current ratings of core or main subsidiaries are indicated in the table below. The websites of the rating agencies provide more detailed information referring to rating methodologies and to the definition of rating categories.

Furthermore Standard & Poor's has assigned an A rating to Deutsche Bausparkasse Badenia AG with a negative outlook (November 17, 2009).
FitchRatings has granted an A rating to Advocard Rechtsschutzversicherung AG, an A+ to Dialog Lebensversicherungs-AG and an A- to Envivas Krankenversicherung AG. Each of these ratings has a negative outlook (August 27, 2009).