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:6/25/2016)... Lewisville, TX (PRWEB) , ... June 25, 2016 , ... ... in the United States, named Dr. Sesan Ogunleye, as the Medical Director of its ... be the facility Medical Director of our new Mesquite location,” said Dr. James M. ...
(Date:6/25/2016)... (PRWEB) , ... June 25, 2016 , ... Conventional wisdom ... of success. In terms of the latter, setting the bar too high can result ... more than just slow progress toward their goal. , Research from ...
(Date:6/24/2016)... ... 24, 2016 , ... Marcy was in a crisis. Her son James, eight, was out of ... verbally and physically. , “When something upset him, he couldn’t control his emotions,” remembers Marcy. ... throw rocks at my other children and say he was going to kill them. ...
(Date:6/24/2016)... ... , ... Comfort Keepers® of San Diego, CA is excited to announce they ... to drive cancer patients to and from their cancer treatments. Comfort Keepers provides ... life and ongoing independence. Getting to and from medical treatments is one of ...
(Date:6/24/2016)... ... 24, 2016 , ... The Haute Beauty Network, affiliated with ... as a prominent plastic surgeon and the network’s newest partner. , Dr. ... handsome men, look naturally attractive. Plastic surgery should be invisible.” He stands by ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... OAKLAND, N.J. , June 24, 2016 /PRNewswire/ ... in the design, development and manufacturing of collagen ... and regeneration announced today that Bill Messer ... Sales and Marketing to further leverage the growing ... surgery medical devices. Bill joins the ...
(Date:6/24/2016)... Va. , June 24, 2016 The ... set of recommendations that would allow biopharmaceutical ... (HCEI) with entities that make formulary and coverage decisions, ... the "value" of new medicines. The recommendations ... does not appear on the drug label, a prohibition ...
(Date:6/24/2016)... 2016   Pulmatrix, Inc ., (NASDAQ: ... drugs, announced today that it was added to the ... its comprehensive set of U.S. and global equity indexes ... important milestone for Pulmatrix," said Chief Executive Officer ... our progress in developing drugs for crucial unmet medical ...
Breaking Medicine Technology: