A.M. Best Affirms Credit Ratings of Ameritas Life Insurance Corp. and Subsidiary
The ratings affirmations reflect Ameritas’ continued maintenance of very strong risk-adjusted capitalization and a high quality balance sheet, as well as the organization’s favorable business profile.
While the various block and entity acquisitions have provided top line growth in several business segments, the organization’s operating results were unfavorably impacted by the transactions due to various one-time charges and the impact of reinsurance transactions. Additionally,
Despite the decline in operating results,
The following Long-Term IR has been affirmed:
This press release relates to Credit Ratings that have been published on A.M. Best’s website. 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. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings.
Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.
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