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AM Best Comments on the Credit Ratings of Prosperity Life Group's Subsidiaries Following Merger Announcement

OLDWICK, N.J., October 11, 2023 AM Best has commented that the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of "a-" (Excellent) of Prosperity Life Group’s subsidiaries, Shenandoah Life Insurance Company (Roanoke, VA), SBLI USA Life Insurance, Inc. (New York, NY) , Prosperity Life Assurance Limited (PLAL) (Bermuda) and S.USA Life Insurance Company, Inc. (Phoenix, AZ) remain unchanged following the announcement that a definitive merger agreement has been rea ....

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AM Best Places Credit Ratings Under Review With Various Implications for National Western Life Group, Inc. and Its Subsidiaries

OLDWICK, N.J., October 11, 2023 AM Best has placed under review with negative implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "a" (Excellent) of National Western Life Insurance Company (NWLIC) (Centennial, CO). Concurrently, AM Best has placed under review with developing implications the FSR of A- (Excellent) and the Long-Term ICR of "a-" (Excellent) of Ozark National Life Insurance Company (Ozark) (Kansas City, MO). I ....

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