Research Update: Primerica Inc. 'A-', Primerica Life Insurance Co. 'AA-' Ratings Affirmed After Insurance Criteria Change; Outlook Stable Jul 13
- Language: English
- Published: July 2013
We assigned our its 'A-' counterparty credit rating to Primerica Inc. (PRI) with a stable outlook. The counterparty credit rating on PRI reflects its moderate financial leverage and strong fixed-charge coverage metrics, which are supported by PRI's well-balanced sources of cash flows from the life and non-life business operations of its U.S. and Canadian subsidies. We affirmed the 'AA-' counterparty credit and insurer financial strength ratings on Primerica Life Insurance Co., and the outlook remains stable. NEW YORK (Standard & Poor's) May 25, 2011--Standard & Poor's Ratings Services said today that it assigned its 'A-' counterparty credit rating to Primerica Inc. (PRI) and affirmed its 'AA-' counterparty credit and insurer financial strength ratings on its life insurance subsidiary Primerica Life...
Companies mentioned in this report are: Primerica inc.,Primerica Life Insurance Co.
Action: New Rating
Action: Outlook: Stable
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Research type: News
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Primerica inc.,Primerica Life Insurance Co.