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ots Ad hoc-Service: ERGO Vers.gruppe AG <DE0008418526> ERGO gets outstanding rating from Standard & Poor's

Düsseldorf (ots Ad hoc-Service) -

Ad hoc-announcement edited and sent by DGAP. The sender is solely
responsible for the contents of this announcement.
The international ratings agency
Standard & Poor's awards ERGO Versicherungsgruppe AG a counterparty
credit rating for the first time. As a general principle, the
excellent rating "AA+" (double-A-plus) is the best rating a
non-operative holding company can obtain following the Standard &
Poor's criteria catalogue. The operative ERGO companies VICTORIA
Life, VICTORIA P&C, Hamburg-Mannheimer Life, Hamburg-Mannheimer P&C
and DKV Health have even been awarded with the top rating "AAA"
(triple-A) due to their extraordinary financial strength.
The great financial strength has been just as crucial to the
rating as ERGO's leading position in all important insurance lines.
Due to the good position in the German market ERGO will profit
especially from the German pension reform. Standard & Poor's also
emphasizes ERGO's strong distribution network and its activities in
the financial services sector. By establishing MEAG, the joint asset
manager of ERGO and Munich Re, the capital investment operations have
a more international thrust, explains the agency.
ERGO Versicherungsgruppe AG Board of Management
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