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American Maturity Life Insurance Co. Rating Lowered To 'A-' From 'A'; Outlook Stable Sep 11
Standard & Poors, Sep 2011
Abstract
We have revised our view of American Maturity to strategically important to Hartford Financial Services Group Inc. from core. We lowered our long-term counterparty credit and financial strength ratings on American Maturity to 'A-'. The outlook is stable. NEW YORK (Standard & Poor's) Sept. 14, 2011--Standard & Poor's Ratings Services said today that it lowered its long-term counterparty credit and financial strength ratings on American Maturity Life Insurance Co. (AML) to 'A-' from 'A'. The outlook is stable. AML is a wholly owned, indirect subsidiary of Hartford Financial Services Group Inc. (BBB/Stable/A-2), a global enterprise in the wealth management, group benefits, individual life, and personal and commercial property/casualty insurance markets. 'We have revised our view of AML to strategically important...
Companies mentioned in this report are: American Maturity Life Insurance Co.,Hartford Financial Services Group Inc.
Action: Downgraded
Action: Outlook: Stable
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.
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