Very low financial leverage; Very strong group capitalization; Sound earnings contributions from subsidiaries; and Ability to generate its own profits from reinsurance business. Non-life earnings not yet fully indicative of competitive profile. The ratings on R+V Versicherung AG (RVV) reflect RVV's role as the reinsurer and holding company of Germany-based R+V insurance group (R+V). The ratings on RVV also reflect the status of R+V as an integral part of the German cooperative banking sector, which Standard&Poor's Ratings Services considers as a single economic group. RVV is 74%-owned by DZ BANK AG Deutsche Zentral-Genossenschaftsbank (DZ BANK; A/Stable/A-1). The counterparty credit rating on RVV is one notch higher than that on DZ BANK, reflecting DZ BANK's commitment to maintain R+V's
RESEARCH R+V Versicherung AG Publication date: 31-May-2006 CREDIT RATING Local currency A+/Stable Credit Rating History Aug. 1, 2005 A+ Nov. 15, 2002 A Sept. 21, 2001 A+ Company Contact R+V Versicherung AG Taunusstrasse 1 65193 Wiesbaden...
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Germany's R+V Versicherung AG 'A+' Ratings Affirmed On Strong Fundamentals; Outlook Stable – 2006/08/25 – US$ 150.00
Research Update: Germany's R+V Versicherung AG 'A+' Ratings Affirmed On Strong Fundamentals; Outlook Stable – 2006/08/25 – US$ 225.00
R+V Versicherung AG – 2006/12/18 – US$ 500.00
Summary: R+V Versicherung AG – 2006/12/18 – US$ 225.00
R+V Versicherung AG – 2007/09/12 – US$ 500.00
Summary: R+V Versicherung AG – 2006/05/31 – US$ 225.00
R+V Versicherung AG – 2005/09/30 – US$ 500.00
Summary: R+V Versicherung AG – 2005/09/30 – US$ 225.00
German Holding Company And Reinsurer R+V Versicherung AG Upgraded To 'A+'; Outlook Stable – 2005/08/01 – US$ 150.00
Research Update: German Holding Company And Reinsurer R+V Versicherung AG Upgraded To 'A+'; Outlook Stable – 2005/08/01 – US$ 225.00
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