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AM Best Affirms Credit Ratings of Farm Bureau Life Insurance Company apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
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 apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
Press release content from Business Wire. The AP news staff was not involved in its creation. 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 Concurrently, AM Best has withdrawn the ratings as the company has requested to no longer participate in AM Best’s interactive rating process.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. ....
Posted on 8927 AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of Jackson National Life Insurance Company (JNL), its wholly owned subsidiary, Jackson National Life Insurance Company of New York, and its direct parent, Brooke Life Insurance Company (collectively referred to as the Jackson National Group [JNG]) remain unchanged following the recently announced plan for JNG to be separated from its Prudential plc (Prudential) parent via a second-quarter 2021 demerger. All companies are headquartered in Lansing, MI. On Jan. 28, 2021, Prudential announced that it would pursue the separation of Jackson Financial, Inc. (Jackson), JNG’s U.S. holding company, from the group in the second quarter of 2021 through a demerger, whereby shares in Jackson would be distributed to Prudential shareholders. The demerger, which is subj ....