Ratings Updates

Entries for August 2010

Fall seems to be slowly arriving.  Hope all is well with you.  
 

Activity in the ratings area is still slow.  John Hancock is on the watch list for AM Best.  Met Life came off the watch list for S&P and remains at AA- as did Jackson National at AA.
 

Here are a few other interesting news notes:

·         The number of individuals owning individual life insurance has hit a 50 year low according to a LIMRA study - only 44%. Now 30% of US households have no life insurance.

·         The debate about a fiduciary standard for brokers and life insurance agents continues and will remain an active discussion for some time.  It is too early for predictions but the implications to life insurance distribution are significant.  We will keep you posted.

·         We have updated our Top 25 Life Insurance Companies'Ratings on the website based on rankings by assets as published by the National Underwriter this past week.  No surprises and few changes or movements in position.  If you need ratings for any companies not listed please give us a call at 414.9955.




Ratings updates for August 2010

 

  

Insurer

AM Best

S&P

Moody's

John Hancock

-

AA+ to AA

-