TEXT-S&P assigns A+ rating to Volkswagen Insurance Company


(The following statement was released by the ratings agency). LONDON, Sept 23 - Standard & Poor's Ratings Services said today it assigned its single-'A'-plus financial strength and counterparty credit ratings to Dublin-based Volkswagen Insurance Company Ltd. (VICO), the wholly owned captive subsidiary of Volkswagen AG (A+/Stable/A-1). The outlook is stable. "The ratings on VICO are significantly influenced by the ratings on its ultimate parent," said Standard & Poor's credit ...

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