Insurer financial strength rating
The Insurer financial strength rating indicates an insurer's financial strength and ability to meet ongoing obligations to policyholders.
Counterparty credit rating and issuer credit rating
A counterparty credit rating (S&P) and an issuer credit rating (A.M. Best) indicate an obligor's creditworthiness. It assesses the company's capacity and willingness to meet its financial commitments.
Debt and commercial paper ratings
Debt and commercial paper ratings provide an opinion for the credit marketplace as to the issuer's ability to meet its financial obligations to security holders when due.
In each of the groups above there are various gradations of credit-worthiness. In order to differentiate between these gradations, Standard & Poor's (S&P) and A.M. Best add a "plus" or a "minus" next to each rating, while Moody's adds a number (1-3).
Ratings of Allianz Group companies
For ratings of Allianz Group companies and a full description of how rating categories are assigned, please refer to the rating agencies' websites.