New York, September 19, 2014 -- Moody's Investors Service has affirmed the A2 insurance financial strength (IFS) ratings of Fireman's Fund Insurance Company (FFIC) and members of its intercompany reinsurance pool following the recent announcement by Allianz SE that FFIC's commercial lines business will be integrated into Allianz Global Corporate and Specialty (AGCS) and that strategic options are being considered for FFIC's personal lines business. The outlook was changed to developing from stable to reflect uncertainty in the structural, legal, and support arrangements between FFIC and AGCS as well as prospective profitability given potential changes in business mix.
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