Fitch Ratings upgrades Constellation's Insurer Financial Strength rating - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Life Insurance News
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Life Insurance News
Life Insurance News RSS Get our newsletter
Order Prints
May 7, 2025 Life Insurance News
Share
Share
Post
Email

Fitch Ratings upgrades Constellation’s Insurer Financial Strength rating

By Press Release

Constellation Insurance, Inc., announced that Fitch Ratings has upgraded its Insurer Financial Strength (IFS) rating of its insurance subsidiaries, AuguStar® Life Insurance Company, AuguStar Life Assurance Corporation and National Security Life and Annuity Co, to “A” and assigned a stable outlook.

“We are very pleased Fitch has recognized our strategic transformation into a highly-capitalized, well-diversified, retail and institutional franchise with strong market position and substantial growth momentum across each of our six core businesses,” says Anurag Chandra, Constellation founder, chairman and chief executive officer.

In its release, Fitch noted “Constellation, through its rebranded AuguStar Life and Retirement lines of business, has gained good traction in creating market-leading life and annuity businesses that offer a broad array of products distributed through a growing network.” Fitch also notes,

“This success is reflected in the company’s increasing sales and core earnings. In addition to life and retirement, the company has enhanced its geographical and business diversification through its expanding operations in LATAM, reinsurance, asset management and institutional sectors, which should further support earnings stability and growth over time.”

Additionally, Fitch noted that the rating upgrade reflects “the company’s improved operating scale and lower-risk business profile.”

About Constellation
Constellation is a diversified financial services group offering insurance, reinsurance, asset management and institutional markets solutions through AuguStar Retirement, AuguStar Life, AuguStar Seguros, Constellation Investments, Constellation Re and Constellation Institutional Markets. Constellation’s investors and equal partners, CDPQ and Ontario Teachers’, are two of the largest long-term institutional investors in North America.

Press Release

Older

Family says dementia victim was improperly sold annuities

Newer

Making the most of Disability Insurance Awareness Month

Advisor News

  • Why advisors should offer retirement-longevity planning
  • A hybrid approach outperforms the 4% Rule, researchers find
  • The missing piece in most retirement plans
  • Clients are bringing TikTok insurance advice into advisor meetings
  • Embracing a family-centric approach to financial planning
More Advisor News

Annuity News

  • The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
  • Cayman Islands premier to meet with U.S. reinsurance regulators
  • Investigation finds deceptive sales, churning of annuities targeting postal workers
  • Corebridge annuity sales slip ahead of Equitable marriage
  • California teachers settle class-action lawsuit over in-plan annuity fees
More Annuity News

Health/Employee Benefits News

  • Mangione admits shooting healthcare executive as he pleads guilty in federal court
  • Luigi Mangione makes startling admission in pleading guilty to federal charges in CEO murder case
  • Harvard University T.H. Chan School of Public Health Details Findings in Managed Care (Optimizing health, financial risk protection, and equity in health benefits package design toward universal health coverage): Managed Care
  • Research Results from South African Medical Research Council Update Understanding of Science (Inclusion and accessibility of healthcare workers with disabilities in KwaZulu-natal public health facilities, South Africa): Science
  • Recent Findings from Washington University Provide New Insights into Military Medicine (Health Insurance Type and Lung Cancer Stage Shift Following Coverage of Screening): Military Medicine
Sponsor
More Health/Employee Benefits News

Property and Casualty News

  • Home insurance, AI and designer pets: What lived and died in Sacramento
  • Gov. Newsom, state lawmakers confer on wildfire liability reforms as legislative session ticks away
  • AM Best Affirms Credit Ratings of The Hanover Insurance Group, Inc. and Its Subsidiaries
  • PwC report: 2026 sees shift in M&A activity from life to P/C
  • Illinois Puts the Brakes on Unchecked Home, Auto Insurance Rate Hikes | Insurify
More Property and Casualty News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
  • Royal Neighbors Unveils Its 2026 Scholarship Recipients 2026 Royal Neighbors Scholars Making a Difference Across the Country
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet