Standard & Poor's
Vienna Insurance Group Rating
A+, Outlook stable
In September 2012, the internationally recognised rating agency Standard & Poor's once again confirmed its existing A+ rating for Vienna Insurance Group AG Wiener Versicherung Gruppe.
28/09/2012 - S&P RatingsDirect [Document online since 01/10/2012]
Insurer Financial Strength Ratings
An insurer rated in the "BBB" range orhigher is regarded as having financialsecurity characteristics that outweighany vulnerabilities, and is highly likelyto have the ability to meet financialcommitments. Ratings from "AAA" to "BBB" inclusive are often described as "secure" or "investment grade".
An insurer rated "AAA" has EXTREMELY STRONG financial security characteristics. "AAA" is the highest Insurer Financial Strength Rating assigned by Standard & Poor’s.
An insurer rated "AA" has VERY STRONG financial security characteristics, differing only lightly from those rated higher.
An insurer rated "A" has STRONG financial security characteristics, but is somewhat more ikely to be affected by adverse business conditions than are insurers with higher ratings.
An insurer rated "BBB" has GOOD financial security characteristics, but is more likely to be affected by adverse business conditions than are higher rated insurers.
An insurer rated "BB" has MARGINAL financial security characteristics. Positive attributes exist, but adverse business conditions could lead to insufficient ability to meet financial commitments.
An insurer rated "B" has WEAK financial security characteristics. Adverse business onditions will likely impair its ability to meet financial commitments.
An insurer rated "CCC" has VERY WEAK financial security characteristics, and is dependent on favourable business conditions to meet financial commitments.
An insurer rated "CC" has EXTREMELY WEAK financial security characteristics and is likely not to meet some of its financial commitments.
An insurer rated "R" has experienced a REGULATORY ACTION regarding insolvency. The rating does not apply to insurers subject only to nonfinancial actions such as market conduct violations.
An insurer designated "NR" is NOT RATED, which implies no opinion about the insurer’s financial security.
Outlooks are carried on Counterparty Credit and Insurer Financial Strength Ratings, although not on hort-term, debt, "pi" and Financial Enhancement ratings do not. An Outlook normally indicates the likely direction of the rating over the next 18 – 24 months. A positive Outlook indicates the possibility of the rating being raised, while a negative Outlook implies the possibility of a downgrade. In both cases, the reasons underlying the view are explained in the published "Ratings Rationale", together with an indication of the specific circumstances that would likely precipitate the potential rating change. Outlooks can also be stable, indicating the rating is expected to stay the same.
Data source: Standard & Poor's A Guide to Analysis of Insurer Financial Strength
Recent IR Release
On 3 May 2013 the 22nd Annual General Meeting of Vienna Insurance Group AG Wiener Versicherung...