Navigation Links
Assurant Comments on A.M. Best Ratings Statement; Ratings Continue to Reflect Assurant's Solid Financial Position

NEW YORK, Nov. 26 /PRNewswire-FirstCall/ -- Assurant, Inc. ("Assurant") (NYSE: AIZ), a premier provider of specialty insurance and insurance-related products and services, today commented on A.M. Best's statement regarding the company's financial strength ratings.

"We were very pleased to see that A.M. Best affirmed the ratings of nineteen of Assurant's twenty two underwriting entities and raised Assurant's outlook to 'stable' during these historically challenging economic times," said Robert B. Pollock, Assurant's president and chief executive officer. "All of our rated underwriting entities continue to have A- or better ratings, and we believe that Assurant remains well-capitalized and well-positioned to continue to deliver on our commitments to our policyholders and compete effectively."

A.M. Best lowered the A ("Excellent") ratings to an A- rating ("Excellent") for Union Security Insurance Company and American Memorial Life Insurance Company, Assurant's life insurance subsidiaries which have longer duration investment portfolios. These subsidiaries include the independent preneed runoff, preneed and long term disability products. In connection with these rating actions, Assurant does not have any current need to raise capital.

Assurant is a premier provider of specialized insurance products and related services in North America and selected international markets. Its four key businesses -- Assurant Solutions; Assurant Specialty Property; Assurant Health; and Assurant Employee Benefits -- have partnered with clients who are leaders in their industries and have built leadership positions in a number of specialty insurance market segments worldwide.

Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has over $25 billion in assets and $8 billion in annual revenue.

SOURCE Assurant, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. MinuteClinic Becomes Participating Provider with Assurant Health
2. Assurant Health Gains Access to Great-West Healthcares Nationwide Network
3. Assurant Board of Directors Declares Quarterly Dividend of $0.12 per Share
4. Assurant President and Chief Executive Officer Robert B. Pollock to Present at Merrill Lynch Insurance Investor Conference on February 12
5. MedAssurants Dr. Keith Dunleavy to Present at AHIPs Institute 2008
6. Assurant Health Names Jennifer Kopps-Wagner Senior Vice President and General Counsel
7. Assurant Announces Two Executive Appointments
8. APA Comments on FDAs First Approval of Medication to Treat Pediatric Schizophrenia and Bipolar Disorder
9. QMed, Inc. Comments on Estimated 3rd Quarter Results & Medical Expense Ratio; Sets 2008 Revenue Guidance for Medicare SNPs at $88-95 Million
10. The Branded Pharmaceutical Association Comments on Hydrocodone
11. Wyeth Comments on PREVNAR and Trends in Pneumococcal Disease
Post Your Comments:
(Date:11/30/2015)... ... December 01, 2015 , ... The ... a 2015-2016 inductee into its VIP Woman of the Year Circle. She is ... leading networking organization exclusively for professional women, boasting 850,000 members and over 200 ...
(Date:11/30/2015)... ... December 01, 2015 , ... Live Very Well ... vision insurance plans on . The multi-carrier insurance exchange platform offers ... products, allowing consumers to compare, quote and match plans to meet their needs. ...
(Date:11/30/2015)... ... 2015 , ... Stress, anxiety, illness, infection or even a need for eyeglasses ... Heather Spader, MD, a new pediatric neurosurgeon at Joe DiMaggio Children’s Hospital in Hollywood, ... tumors. , “Bad headaches that don’t go away, that don’t have any ...
(Date:11/30/2015)... ... , ... MOSI recently added two state-of-the-art augmented reality (AR) experiences from INDE ... their collection of interactive exhibits within the Kids In Charge! building. In collaboration with ... get closer than ever to a range of animals as they drink, sleep and ...
(Date:11/30/2015)... ... November 30, 2015 , ... On Saturday, October 24th, 2015, ... held an annual fundraising event, a 5K walk known as “Making Strides Against Breast ... substance abuse which is also located in Battle Creek, joined in for this campaign ...
Breaking Medicine News(10 mins):
(Date:11/30/2015)... 2015 MEDTEC Japon 2016, ... d,Asie portant sur la conception de ... se tiendra à Tokyo ... avril 2016. ... - Logo - ...
(Date:11/30/2015)... TOKYO , Nov. 30, 2015 MEDTEC Japan 2016, ... and Manufacturing industry, is to be held in Tokyo from 20 th  - 22 ... --> -->   --> ...   the United States . With the aging population ... markets continuing to grow steadily. --> the United States ...
(Date:11/30/2015)... -- QT Vascular Ltd., together with its subsidiaries (the "Company" ... Medical LLC and Quattro Vascular Pte. Ltd., collectively the ... and distribution of advanced therapeutic solutions for the minimally ... that a three-judge panel of the United ... Circuit ("Federal Circuit") has unanimously granted the Group and ...
Breaking Medicine Technology: