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Press Release

Standard & Poor's, Fitch Ratings and ASSEKURATA confirm rating results


Cologne, 30.09.2009
The leading rating agencies Standard & Poor`s (S&P), Fitch Ratings (Fitch) and ASSEKURATA have confirmed the good assessments of the core companies in the Gothaer Group.

S&P maintains its "A-" rating for Gothaer Allgemeine Versicherung AG, Gothaer Lebensversicherung AG and Gothaer Krankenversicherung AG and points to a stable outlook.

On 22.09.09 already, Fitch had confirmed its 'A' insurer financial strength (IFS) ratings given in September 2008 for Gothaer Allgemeine Versicherung AG and Gothaer Lebensversicherung AG. In view of Fitch's negative rating for the European insurance market overall, the outlook was revised from "stable" to "negative".

In July 2009 already, ASSEKURATA reported ongoing good rating results for Gothaer Lebensversicherung AG and Gothaer Krankenversicherung AG. Under the headings 'premium stability' and 'growth/attractiveness on the market', Gothaer Krankenversicherung was even able to improve its rating.

"Our strategy of value-driven control of the Group and the individual companies, based on actuarial risk models, and the associated risk-adjusted capital-investment strategy pursued by our Company are confirmed by these results", says a pleased Dr Werner Görg, Board Chairman.

Below are the current ratings in an overview:

S&P Fitch ASSEKURATA
Gothaer Allgemeine A- A  
Gothaer Leben A- A A
Gothaer Kranken A-   A

On the Gothaer Group
With over 3.5 million members and premium income in excess of Euro 4 billion, Gothaer is among the major German insurance groups and one of the country's largest mutual insurance companies (VVaG). The Group, with registered office in Cologne, has some 5,500 employees. The focus of Gothaer's strategy is on profitable growth. All insurance lines are offered.

Your contact
Sabine Exinger
Presse und Unternehmenskommunikation
T: +49 221/308-34534
F: +49 221/308-34530
Gothaer Allee 2, D-50969 Köln
E: sabine_exinger@gothaer.de
www.gothaer.de

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