Ratings agency Standard & Poor's (S&P) has revised the outlook for Hannover Ltd to stable from negative.
S&P also affirmed UK-based non-life insurance company Hannover Ltd's A+ counterparty credit and insurer financial strength rating.
"The outlook revision has been triggered by the recent revision in the outlook on Inter Hannover's parent, Hannover Rückversicherung-AG (Hannover Re)," said S&P's credit analyst Peter Grant.
The ratings reflect Inter Hannover's strategic importance to Hannover Re, its strong capitalisation, and historically stable operating performance, S&P said.
