|
|
 |
|
Viewing report
|
|
|
|
American Health & Life Insurance Financial Strength Rtg Raised to 'AA'-minus-pi From 'BBBpi'
Standard & Poors, Nov 1999
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
Abstract
NEW YORK (Standard & Poor's CreditWire) Nov. 23, 1999--Standard & Poor's today raised its financial strength rating on American Health & Life Insurance Co. to double-'A'-minus-pi from triple-'Bpi'. The higher rating is based on the company's strategic importance to Citigroup Inc., of which it is a member, and increased earnings. American Health & Life Insurance Co. is a stock company based in Fort Worth, TX and licensed in the District of Columbia and in all states except New York. Its major lines of business are credit disability and credit life insurance. The company, which markets itself primarily through direct marketing, commenced operations in 1954. Standard & Poor's believes the company is a strategically important member of Commercial Credit Co., which...
Companies mentioned in this report are: American Health & Life Insurance Co.,CitiFinancial Credit Corp,Citigroup Inc.
Action: Upgraded
|
|
|
|
