ots Ad hoc-Service: ERGO Vers.gruppe AG ERGO gets outstanding rating from Standard & Poor's

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    Düsseldorf (ots Ad hoc-Service) - The international ratings agency Standard & Poor's awards ERGO Versicherungsgruppe AG a counterparty credit rating for the first time. As a general principle, the excellent rating "AA+" (double-A-plus) is the best rating a non-operative holding company can obtain following the Standard & Poor's criteria catalogue. The operative ERGO companies VICTORIA Life, VICTORIA P&C, Hamburg-Mannheimer Life, Hamburg-Mannheimer P&C and DKV Health have even been awarded with the top rating "AAA" (triple-A) due to their extraordinary financial strength.

    The great financial strength has been just as crucial to the rating as ERGO's leading position in all important insurance lines. Due to the good position in the German market ERGO will profit especially from the German pension reform. Standard & Poor's also emphasizes ERGO's strong distribution network and its activities in the financial services sector. By establishing MEAG, the joint asset manager of ERGO and Munich Re, the capital investment operations have a more international thrust, explains the agency.

    ERGO Versicherungsgruppe AG Board of Management

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