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Tag: AM Best

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AM Best assigns Issue Credit Rating to MetLife, Inc.’s new preferred shares

September 16, 2020

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has assigned a Long-Term Issue Credit Rating of “bbb” to the $1 billion issuance of 3.85% fixed rate reset non-cumulative preferred stock, Series G, recently issued by MetLife, Inc. (MetLife) (headquartered in New York, NY) [NYSE: MET]. The

Business, Health Care, Travel & Venues

AM Best withdraws credit ratings of Hawaii Dental Service

September 15, 2020

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Hawaii Dental Service (Honolulu, HI). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has withdrawn these

Business

AM Best: Canada Property/Casualty Insurers well-positioned; life writers face volatility in 2020 (AM BestTV)

September 14, 2020

OLDWICK, N.J.–(BUSINESS WIRE)–In this episode of AMBestTV, Brian Lynch and Anthony McSwieney, senior financial analysts, AM Best, said 2020 has brought fewer property/casualty (P/C) claims, but has increased investment uncertainty in the Canada market. Click on http://www.ambest.com/v.asp?v=ambcanada920 to view the entire program.

Business

AM Best assigns indicative Issue Credit Rating to Pacific LifeCorp’s senior unsecured notes

September 11, 2020

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has assigned an indicative Long-Term Issue Credit Rating of “a” to the forthcoming new senior unsecured notes to be issued by Pacific LifeCorp (Wilmington, DE). The outlook assigned to this Credit Rating (rating) is stable. The existing ratings

Business

AM Best affirms credit ratings of Ohio National Financial Services, Inc. and its subsidiaries

September 11, 2020

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of The Ohio National Life Insurance Company and its wholly owned subsidiary, Ohio National Life Assurance Corporation (together

Business

AM Best affirms credit ratings of BCBSM, Inc. and HMO Minnesota; revises Issuer Credit Rating outlook to negative for MII Life Insurance, Incorporated

September 10, 2020

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of BCBSM, Inc., d/b/a Blue Cross Blue Shield of Minnesota (BCBSM), and its subsidiary, HMO Minnesota, d/b/a Blue

Business, Travel & Venues

AM Best affirms credit ratings of Trinidad & Tobago Insurance Limited

September 10, 2020

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Trinidad & Tobago Insurance Limited (TATIL) (Trinidad and Tobago). The outlook of these Credit Ratings (ratings) is stable. The ratings

Business

AM Best assigns indicative Issue Credit Rating to OneAmerica Financial Partners, Inc.’s senior unsecured notes

September 10, 2020

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has assigned an indicative Long-Term Issue Credit Rating of “a-” to the forthcoming new senior unsecured notes to be issued by OneAmerica Financial Partners, Inc. (OneAmerica). The outlook assigned to this Credit Rating (rating) is stable, which is

Business

AM Best affirms credit ratings of Genworth Financial, Inc. and its U.S. Life Subsidiaries

September 04, 2020

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating (FSR) of B (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bb+” of Genworth Life and Annuity Insurance Company (GLAIC) (Richmond, VA). Concurrently, AM Best has affirmed the FSR of

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