A.M. Best Affirms Credit Ratings of Triple-S Management Corporation and Subsidiaries
The ratings of the TSS and TSV are based on the strength of its business profile and diversification strategy to grow product revenue and earnings. The Triple-S name has strong brand recognition in the
Offsetting rating factors include pressure on group commercial membership, a declining trend of operating earnings over the medium term and a weakened economic environment in the companies’ core market of
TSP’s ratings reflect its excellent level of risk-adjusted capitalization, solid operating results primarily driven by investment income and strong market presence in
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 © 2016 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161201006407/en/
Senior Financial Analyst – L/H
[email protected]
or
Brian O’Larte, +1-908-439-2200, ext. 5138
Associate Director – P/C
brian.o'[email protected]
or
Manager, Public Relations
[email protected]
or
Director, Public Relations
[email protected]
Source:
Citing losses, Medica threatens to drop Medicaid market in Minn.
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News