Press release content from Business Wire. The AP news staff was not involved in its creation.
AM Best Revises Outlook to Positive for Multinational Life Insurance Company
February 19, 2021 GMT
OLDWICK, N.J.--(BUSINESS WIRE)--Feb 19, 2021--
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” of Multinational Life Insurance Company (Multinational Life) (Hato Rey, Puerto Rico).
These Credit Ratings (reflect) the balance sheet strength, which AM Best categorizes as strong, as well as its adequate operating performance, very limited business profile and appropriate enterprise risk management (ERM).