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Research Update: American Public Life Insurance Co. 'Bpi' Rating Affirmed Dec 11 Product Image

Research Update: American Public Life Insurance Co. 'Bpi' Rating Affirmed Dec 11

  • Published: December 2011
  • Standard & Poors

Abstract
On Dec. 15, 2011, Standard & Poor's Ratings Services affirmed its 'Bpi' counterparty credit and financial strength ratings on American Public Life Insurance Co. (APLIC). The ratings on APLIC reflects the company's' weak capital adequacy as measured by our model, volatile operating performance based on its statutory pretax return on revenues, and product-line concentration in the accident and health business (more than 90% of its total premiums), which is a highly regulated segment. APLIC is primarily engaged in the sale of group supplemental health-insurance products such as group disability, group hospital, and dental. The company distributes its products primarily through agents and brokers. In recent years, APLIC has had difficulty maintaining sales growth in these products because of the high...

Companies mentioned in this report are: American Public Life Insurance Co. (Unsolicited Ratings),American Fidelity Assurance Co. (Unsolicited Ratings),American Fidelity Group
Action: Affirmed

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American Public Life Insurance Co. (Unsolicited Ratings),American Fidelity Assurance Co. (Unsolicited Ratings),American Fidelity Group

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