AM Best Affirms Credit Ratings of Allianz Global Corporate & Specialty Resseguros Brasil S.A.

MEXICO CITY--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa” (Superior), of Allianz Global Corporate & Specialty Resseguros Brasil S.A. (AGCS Re Brazil) (São Paulo, Brazil). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect AGCS Re Brazil’s strategic importance as a subsidiary of Allianz SE (Allianz) that on a consolidated basis has a balance sheet strength, which AM Best assesses