- Language: English
- 774 Pages
- Published: October 2012
- Region: Global
Research Update: American Equity Investment Life Holding Co. And Subsidiary Ratings Affirmed; Outlook Revised To Stable Sep 11
- Published: September 2011
- Region: United States
- Standard & Poors
Iowa-based American Equity has strong business fundamentals and a gradually improving financial profile. We have revised the outlook on American Equity Investment Life Holding Co. and American Equity Investment Life Insurance Co. to stable from positive. American Equity's financial profile is not improving at a pace likely to be sufficient to support higher ratings within the next year. On Sept. 23, 2011, Standard & Poor's Ratings Services revised its outlook on American Equity Investment Life Holding Co. (AEIL) and American Equity Investment Life Insurance Co. (AEL; collectively American Equity) to stable from positive. At the same time, we affirmed our 'BB+' long-term counterparty credit rating on AEIL and our 'BBB+' long-term counterparty credit and financial strength ratings on AEL. The...
Companies mentioned in this report are: American Equity Investment Life Holding Co.,American Equity Investment Life Insurance Co.
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.
Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.
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American Equity Investment Life Holding Co.,American Equity Investment Life Insurance Co.