Best is the world’s oldest and most authoritative insurance rating and information source.Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world’s infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customer’s objectives to create a lasting positive impact.We serve the Infrastructure Nuclear, Security & Environmental Energy Mining and Metals and Manufacturing and Technology markets. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. For information on the proper media use of Best’s Credit Ratings and A.M. ![]() For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. This press release relates to Credit Ratings that have been published on A.M. The fixed income portfolio is primarily investment-grade securities and is performing well, with some exposure to below investment grade securities. Additionally, although Sentinel has reduced its reliance on structured products, such as collateralized loan obligations, this type of investment may have liquidity pressure during stressed economic scenarios, and accordingly, remains a potential rating concern. Furthermore, A-CAP has purchased reinsurance from some unrated reinsurance entities that create a contingent reinsurance counterparty risk at A-CAP if there is a failure of the reinsurer that is not covered by collateral held. These strengths are partially offset by heavy reliance on reinsurance, which is secured by collateral, to relieve statutory strain within A-CAP. The ratings recognize improved capitalization, significant distribution expansion and premium growth in core business lines, as well as additional capital support in the near term from ACH to support anticipated strong business growth. A-CAP markets final expense whole life, Medicare supplement, Medicare select and preneed insurance plans, along with fixed annuities, through well-established non-captive general and associate general agent distribution networks, as well as through a growing broker channel. The rating affirmations of Sentinel reflect its continued balance sheet and earnings stability, and new premium growth in the annuity product segments under the new ownership of A-CAP. The rating upgrades of ACLI recognize the improved balance sheet and operating profile trends over the past several years, as well as the enhanced financial flexibility, operating synergies and management expertise derived as part of its affiliation with the A-CAP group. A-CAP’s ultimate parent is Advantage Capital Holdings, LLC (ACH), which is domiciled in Delaware. Both companies are collectively referred to as A-CAP Group (A-CAP). The outlook of these Credit Ratings (ratings) is stable. Best has affirmed the FSR of B++ (Good) and the Long-Term ICR of “bbb” of Sentinel Security Life Insurance Company (Sentinel) (Salt Lake City, UT). ![]() 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 Atlantic Coast Life Insurance Company (ACLI) (Charleston, SC).
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