A.M. Best Affirms Ratings of Massachusetts Mutual Life Insurance Company and Its Subsidiaries
Business Wire, Inc. |
The rating affirmations for
MassMutual’s ratings continue to recognize its favorable business mix, diversified operating profile and strong position in the domestic life insurance market.
While MassMutual’s investment management capabilities are strong,
Although MassMutual’s TAC has substantially increased in recent years,
Also contributing to the increase in MassMutual’s TAC was the issuance of nearly
The FSR of A++ (Superior) and ICRs of “aa+” have been affirmed for
C.M. Life Insurance Company MML Bay State Life Insurance Company
The following debt ratings have been affirmed:
Massachusetts Mutual Life Insurance Company— |
-- “aa-” on |
-- “aa-” on |
-- “aa-” on |
-- “aa-” on |
-- “aa-” on |
MassMutual Global Funding, LLC— “aa+” program rating |
-- “aa+” on all outstanding notes issued under the program |
MassMutual Global Funding II— “aa+” program rating |
-- “aa+” on all outstanding notes issued under the program |
The methodology used in determining these ratings is Best’s Credit Rating Methodology, which provides a comprehensive explanation of A.M. Best’s rating process and contains the different rating criteria employed in the rating process. Best’s Credit Rating Methodology can be found at www.ambest.com/ratings/methodology.
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Copyright © 2012 by A.M. Best Company, Inc.ALL RIGHTS RESERVED.
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Copyright: | Copyright Business Wire 2012 |
Wordcount: | 1018 |
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