A.M. Best Places Credit Ratings of Gerber Life Insurance Company Under Review With Positive Implications
Gerber Life is a wholly owned subsidiary of Nestlé
The under review with positive implications status of Gerber Life’s Credit Ratings (ratings) is reflective of the financial and operational benefits that both companies should derive from being acquired by a large, higher-rated organization. WSFG is adding a highly recognized and trusted brand to its business portfolio that should continue to expand operations, and result in a moderate increase to its business profile. Therefore,
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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