A.M. Best Affirms Credit Ratings of Insurance Subsidiaries of Nassau Reinsurance Group Holdings, L.P.
The rating affirmations reflect Phoenix’s balance sheet strength, which
Overall sales have generally declined in recent periods due to a combination of capital constraints prior to its acquisition by
The FSR of B (Fair) and the Long-Term ICRs of “bb+” have been affirmed with a stable outlook for the following L/H subsidiaries of
-
Phoenix Life Insurance Company -
PHL Variable Insurance Company - Phoenix Life and
Annuity Company -
The Pyramid Life Insurance Company -
Constitution Life Insurance Company
The following Long-Term IRs have been affirmed:
-- “b” on
-- “b+” on
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
Copyright © 2018 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
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