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- Published: February 2012
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Research Update: Nationwide Financial Services And Life Companies Ratings Lowered One Notch; Outlook Stable Dec 08
- Published: December 2008
- Standard & Poors
On Dec. 22, 2008, Standard & Poor's Ratings Services lowered its counterparty credit rating on Nationwide Financial Services Inc. (NFS) to 'BBB+' from 'A-' and its counterparty credit and financial strength ratings on NFS's life insurance operating companies (Nationwide Financial) to 'A+' from 'AA-'. At the same time, Standard & Poor's removed these ratings from CreditWatch, where they were placed on March 10, 2008, with negative implications. The outlook on NFS and Nationwide Financial is stable. In addition, Standard & Poor's affirmed its 'A+' counterparty and financial strength ratings on Nationwide Mutual Insurance Co. (Nationwide Mutual) and its property/casualty affiliates. The outlook on Nationwide Mutual remains stable. The ratings actions on the NFS and its life insurance operating companies reflect...
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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