A.M. Best Upgrades Issuer Credit Rating of The Chesapeake Life Insurance Company
The ratings reflect Chesapeake’s balance sheet strength, which
The rating upgrades reflect Chesapeake’s risk-adjusted capital being at the strongest level, as measured by Best’s Capital Adequacy Ratio, continued favorable operating results generating capital growth and its role as the sole writer of new insurance premium for HealthMarkets. The growth of
While a sizable portion of Chesapeake’s business is generated by
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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