A.M. Best has issued Lufthansa captives a credit rating of ‘a’.
The captive of German airline Delvag Luftfahrtversicherungs-AG and reinsurance captive Delvag Rueckversicherungs-AG have received an 'excellent' rating by the ratings agency.
A.M. Best commented on the strength of the captives: “These positive rating factors are further reinforced by a profit and loss absorption agreement provided by Lufthansa.”