Friday, February 01, 2008

 

Ameriprise Financial ratings affirmed with stable outlook - Fitch

Fitch Ratings affirmed its ratings on Ameriprise Financial Inc and its life insurance units, citing the group's strong balance sheet fundamentals, moderate financial leverage and strong interest coverage at the holding company level, as well as solid capitalization of the units.

The agency added that exposure to subprime mortgages is moderate and other-than temporary impairments at year-end 2007 were less than $3 million USD...

Forbes: Ameriprise Financial ratings affirmed with stable outlook - Fitch

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