A.M. Best Assigns Ratings to Guggenheim Life and Annuity Company
August 19, 2012
SUMMARY:
A.M. Best Co. has assigned a financial strength rating of B++ and an issuer credit rating of” bbb+” to Guggenheim Life& Annuity Company. The company is ultimately owned by Guggenheim Capital, LLC.. A.M. Best notes the relatively limited track record of GLAC’ s business plan and the need to maintain acceptable interest spread margins during various economic cycles.
The full article is available at AnnuityNews.Com.
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