International ratings agency Standard & Poor's (S&P) has assigned its AA-plus long-term rating to the €1.0bn (£623.3m) bond issued by Allianz Finance II.
The bond, which is exchangeable into shares of German utility RWE, is due 2006 and is guaranteed by Munich-based insurance company Allianz. Allianz also carries an AA-plus S&P rating.
S&P said the ratings reflected the Allianz Group's "extremely strong business position in Europe and other markets, and its extremely strong - although weakened - capitalisation.
It added that Allianz's more aggressive use of capital and the inconsistency of its usually strong operating performance had partially offset those strengths.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
