A.M. Best Revises Outlook to Stable for Issuer Credit and Debt Ratings of HDI-Gerling Industrie Versicherung AG (Business Wire via Yahoo! Finance)

OLDWICK, N.J.—-A.M. Best Co. has affirmed the financial strength rating of A and the issuer credit rating of “a” of HDI-Gerling Industrie Versicherung AG . Concurrently, A.M. Best has affirmed the debt rating of “bbb+” on the EUR 250 million subordinated fixed to floating rate notes due 2024 issued by the former Gerling-Konzern Allgemeine Versicherung AG , which is now merged into HGI.

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