Friday, January 22, 2010
Penn Mutual, subsidiary have ratings affirmed by A.M. Best
Noting the company’s diversified business profile, large excess surplus and solid-risk adjusted capitalization, A.M. Best has affirmed the ratings of The Penn Mutual Life Insurance Co. and its Delaware-based subsidiary.
The ratings company announced that it has affirmed the financial strength rating of “A+” (Superior) and issuer credit ratings of “aa-” of Horsham, Pa.-based Penn Mutual and its subsidiary, The Penn Insurance and Annuity Co. of Wilmington, Del. The outlook for all ratings is “stable...”
IFA Web News: Penn Mutual, subsidiary have ratings affirmed by A.M. Best
The ratings company announced that it has affirmed the financial strength rating of “A+” (Superior) and issuer credit ratings of “aa-” of Horsham, Pa.-based Penn Mutual and its subsidiary, The Penn Insurance and Annuity Co. of Wilmington, Del. The outlook for all ratings is “stable...”
IFA Web News: Penn Mutual, subsidiary have ratings affirmed by A.M. Best
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