19.11.2014 17:56:00
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Munich Reinsurance Company -- Moody's Affirms Munich Re's Ratings (A2(hyb) Subordinated Debt, Aa3 IFSR); Stable Outlook
London, 19 November 2014 -- Moody's Investors Service has today affirmed with a stable outlook the Aa3 insurance financial strength rating (IFSR) and debt ratings of Munich Reinsurance Company (Munich Re) and associated subsidiaries (see list below for more details). As part of the same rating action, Moody has also affirmed the rating of Munich Re's Brazilian operation, Munich Re do Brasil Resseguradora S.A., with a continued negative outlook, reflecting the sovereign rating outlook of Brazil.