Thursday, May 28, 2009

 

S&P Changes MassMutual Outlook To Negative From Stable

Standard & Poor's Ratings Services changed its outlook on Massachusetts Mutual Life Insurance Co. to negative from stable, citing its weaker capitalization and financial flexibility.

"Although we still consider them very strong, they have weakened because of the prolonged economic downturn and deepening credit cycle," said credit analyst Robert A. Hafner...

WSJ: S&P Changes MassMutual Outlook To Negative From Stable (Subscription required)

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