A.M. Best Affirms Credit Ratings of Family Guardian Insurance Company Limited and FamGuard Corporation Limited
The rating actions for Family Guardian reflect its long-standing life insurance marketing presence in the
Family Guardian has a more-than-adequate level of risk-adjusted capitalization and a sustainable marketing presence as one of the two leading life insurance companies in the
Still, Family Guardian faces inherent risks associated with the overall weak economic environment in theBahamas, which can present risks to longer-term financial results and growth opportunities.
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. For information on the proper media use of Best’s Credit Ratings and
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