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AM Best Affirms Credit Ratings of Ohio National Financial Services, Inc and Its Subsidiaries
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AM Best Affirms Credit Ratings of Farm Bureau Life Insurance Company
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Press release content from Business Wire. The AP news staff was not involved in its creation.
AM Best Upgrades Credit Ratings of Investors Heritage Life Insurance Company
April 22, 2021 GMT
OLDWICK, N.J. (BUSINESS WIRE) Apr 22, 2021
AM Best has upgraded the Financial Strength Rating (FSR) to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” from “bbb-” of Investors Heritage Life Insurance Company (IHLIC) (Frankfort, KY), which is a subsidiary of Aquarian Investors Heritage Holdings LLC (Aquarian). The outlook of these Credit Ratings (ratings) has been revised to stable from positive.
The ratings reflect IHLIC’s balance sheet strength, which AM Best assesses as strong, as well as its marginal operating performance, limited business profile and appropriate enterprise risk management (ERM).
Best s Market Segment Report: Despite Navigating Pandemic Well in 2020, U S Life/Annuity Industry Not Out of the Woods Yet
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AM Best Withdraws Credit Ratings of Church Life Insurance Corporation
February 26, 2021 GMT
OLDWICK, N.J. (BUSINESS WIRE) Feb 26, 2021
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Church Life Insurance Corporation (Church Life) (New York, NY). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has withdrawn the ratings as the company has requested to no longer participate in AM Best’s interactive rating process.
The ratings reflect Church Life’s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.