Friday, January 25, 2008

 

Kansas City Life Insurance's ratings cut to 'A' from 'A+' - S&P

Standard & Poor's (NYSE:MHP) Ratings Services lowered its counterparty credit and financial strength ratings on Kansas City Life Insurance (NASDAQ:KCLI) Co and its core unit Sunset Life Insurance Co of America -- collectively KCL -- to 'A' from 'A+'.

The rating changes are based on the company's declining competitive position and increasing risk profile, S&P said...

CNN Money: Kansas City Life Insurance's ratings cut to 'A' from 'A+' - S&P

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