Tuesday, September 01, 2009

 

Fitch Downgrades Phoenix Life Insurance Company's IFS to 'BBB'; Outlook Negative

Fitch Ratings has downgraded the Insurer Financial Strength (IFS) ratings assigned to the life insurance subsidiaries of The Phoenix Companies, Inc. (NYSE:PNX) to 'BBB' from 'BBB+', removed the ratings from Rating Watch Negative, and assigned a Negative Outlook...

INN: Fitch Downgrades Phoenix Life Insurance Company's IFS to 'BBB'; Outlook Negative

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