Savings Bank Life Insurance Co. of Massachusetts Assigned 'A-' Ratings; Outlook Is Stable Jun 11
- ID: 1819038
- June 2011
- Region: Massachusetts
- Standard & Poors
Savings Bank Life Insurance Co. of Massachusetts (SBLI) has very strong capital adequacy and a conservative investment portfolio. Partially offsetting these strengths are modest operating earnings and challenging competitive conditions in the term life insurance market, where SBLI generates most of its new sales. We are assigning our 'A-' counterparty credit and financial strength ratings on SBLI. The outlook on SBLI is stable, reflecting our expectation that the company will continue to expand at a measured and steady pace while maintaining very strong capital adequacy. NEW YORK (Standard & Poor's) June 9, 2011--Standard & Poor's Ratings Services today said it assigned its 'A-' counterparty credit and financial strength ratings on Savings Bank Life Insurance Co. of Massachusetts (SBLI). The rating...
Companies mentioned in this report are: Savings Bank Life Insurance Co. of Massachusetts
Action: New Rating
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Research type: News
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