Source: https://openai.com/dall-e-3/
The results for RealRate’s 2024 ranking for the German Life Insurance Hidden Reserves industry are in and are ranked by financial strength, including hidden reserves.
The Top 10 Life Insurance Hidden Reserves Insurance companies are as follows:
Source: https://realrate.ai/rankings/
The top 3 Life Insurance Hidden Reserves Insurance companies in order are Bayerische Beamten Leben, Victoria Leben, and Lebensversicherung von 1871.
They had Economic Capital Ratio figures of 51%, 39%, and 37%, respectively.
Bayerische Beamten Leben and Lebensversicherung von 1871 did well due to strong Hidden Asset Reserves, and Victoria Leben due to its Hidden Liability Reserves. These increased the companies’ Economic Capital Ratio scores by 19, 14, and 15 percentage points, respectively.
Bayerische Beamten Leben retain its 1st position from last year, Victoria Leben move up 18 places into 2nd, and Lebensversicherung von 1871 drop down a place to take 3rd spot. A huge congratulations to all 3 companies!
From a total of 58 Life Insurance Hidden Reserves Insurance companies, 14 received our sought after ‘Top-Rated’ award.
Source: https://realrate.ai/rankings/
Source: https://openai.com/dall-e-3/
The next 10 Life Insurance Hidden Reserves Insurance companies are as follows:
Source: https://realrate.ai/rankings/
Hidden reserves occur if the market values of assets are higher than book values. Life insurers had lots of them before interest rates started to increase sharply recently.
This affects how companies can manage market risks. This new rating explicitly considers these reduced hidden reserves when assessing financial strength.
The superb thing about RealRate is that we deliver fair and independent ratings, coupling expert knowledge with innovative artificial intelligence. It is the AI model that computes the all-important Economic Capital Ratio figure.
Looking at our AI in more detail, it is completely unbiased and uses only audited public data. We are fair, explainable, and avoid any conflicts of interest.
