Fitch Affirms Allianz SE's Insurer Financial Strength Rating at 'AA'/Stable
Fitch Ratings has affirmed Allianz SE's Insurer Financial Strength Rating at 'AA' and Long-Term Issuer Default Rating at 'AA-', with stable outlooks. The affirmation reflects Allianz's strong company profile, capitalisation, leverage, and financial performance. Allianz's Solvency II ratio remains strong at 209%, and its financial leverage ratio is about 19%. The company's diversified earnings and strong asset-liability management support its ratings. Potential rating changes depend on capital position, profitability, and financial leverage.