Wednesday, September 02, 2009
A.M. Best Downgrades Ratings of North Carolina Mutual Life
A.M. Best Co. has downgraded the financial strength rating to C+ (Marginal) from B- (Fair) and issuer credit rating to "b-" from "bb-" of North Carolina Mutual Life Insurance Company (NCM) (Durham, NC). The ratings remain under review with negative implications, reflecting the uncertainty surrounding the successful execution of a number of initiatives designed to increase the capital position of NCM...
Reuters: A.M. Best Downgrades Ratings of North Carolina Mutual Life
Reuters: A.M. Best Downgrades Ratings of North Carolina Mutual Life
Permalink posted by markw @ 5:15 AM 
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