A.M. Best Revises Outlooks to Positive for Members of Ally Insurance Group
These Credit Ratings (ratings) reflect Ally Insurance’s balance sheet strength, which
The positive outlooks reflect the impact of Ally Financial’s improved financial condition and the potential for further improvement as credit default swap spreads and financial leverage ratios continue to decline.
Other factors that may lead to positive rating action include improved and sustainable underwriting and operating performance that outperforms peers and the property/casualty industry throughout the underwriting cycle. Positive rating actions may occur from an improvement in the ratings of Ally Financial. Negative rating action may occur from significant weakening of risk-adjusted capitalization, deterioration in the operating performance or a downgrade in the ratings of Ally Financial.
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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