AM Best has affirmed the financial strength rating of ‘A’ (excellent) and the long-term issuer credit rating of “a” (excellent) of Germany-domiciled Delvag Versicherungs-AG. The outlook for the ratings is stable.
Delvag is the 100-year-old captive for global aviation group Deutsche Lufthansa Aktiengesellschaft, and writes a number of traditional and third-party risks.
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