- Language: English
- 774 Pages
- Published: October 2012
- Region: World
Research Update: American Public Life Insurance Co. 'Bpi' Rating Affirmed Dec 11
- Published: December 2011
- Standard & Poors
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
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 Public Life Insurance Co. (Unsolicited Ratings),American Fidelity Assurance Co. (Unsolicited Ratings),American Fidelity Group
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