Navigation Links
Assurant Comments on A.M. Best Ratings Statement; Ratings Continue to Reflect Assurant's Solid Financial Position
Date:11/26/2008

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. www.assurant.com


'/>"/>
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:
*Name:
*Comment:
*Email:
(Date:6/27/2017)... ... June 27, 2017 , ... Building on the success ... became the sixth state to pass legislation which ensures that children can possess ... Louisiana joins the states of Alabama, Arizona, Florida, Utah and Washington who have ...
(Date:6/27/2017)... Illinois (PRWEB) , ... June 27, 2017 , ... Two ... were featured in a video designed to encourage lawmakers to protect Medicaid ... National Center for Assisted Living (AHCA/NCAL), highlights the story of Chuck and Cathy Schwarz, ...
(Date:6/27/2017)... (PRWEB) , ... June 27, 2017 , ... ... today announced the expansion of Atmosera Managed Azure Services . The trusted, ... enhancements in support of the company’s growing customer base. Atmosera’s next generation services ...
(Date:6/27/2017)... Rosemont, Ill. (PRWEB) , ... June 27, 2017 , ... ... & Conditioning Association (NBSCA) have named Javair Gillett of the Houston Rockets the NBSCA ... recipient of the award is decided by NBSCA members who vote to select the ...
(Date:6/27/2017)... ... June 27, 2017 , ... East Los Angeles dentist, Ramin Assili DDS ... experiences. What happens to a woman during pregnancy can have profound effects on a ... a toll on a baby’s long-term health. This study, which was performed at the ...
Breaking Medicine News(10 mins):
(Date:6/13/2017)... June 13, 2017 Zimmer Biomet Holdings, Inc. (NYSE ... announced that the U.S. Food and Drug Administration (FDA) has ... 2015 relating to its Zhejiang, China ... "The successful clearance of the Warning Letter related ... facility is a measure of the progress we have made ...
(Date:6/9/2017)... 2017 AirXpanders, Inc. (ASX: AXP) (AirXpanders or ... manufacture, sale and distribution of the AeroForm® Tissue Expander ... its commercial roll-out in the United States ... one hundred (100) medical institutions and health systems, located ... needle-free alternative for women who choose reconstructive surgery following ...
(Date:6/8/2017)... 2017  StatLab Medical Products ("StatLab" or ... of diagnostic supplies for the anatomic pathology ... Company LP ("Cressey & Company"), a healthcare-focused ... investment in the Company. Cressey & Company ... selling shareholder, Prairie Capital, L.P., with certain ...
Breaking Medicine Technology: