(The following statement was released by the rating agency)
FRANKFURT/LONDON, May 23 (Fitch) Fitch Ratings has affirmed
German mutual life
insurer ALTE LEIPZIGER Lebensversicherung auf Gegenseitigkeit's
(ALL) and its
non-life subsidiary ALTE LEIPZIGER Versicherung
Aktiengesellschaft's (ALV)
Insurer Financial Strength (IFS) ratings at 'A+'. The Outlooks
are Stable.
ALL is the main life insurance entity and the top holding
company of the ALTE
LEIPZIGER group. Fitch considers ALL and ALV to be
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