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:12/2/2016)... Raleigh, NC (PRWEB) , ... December 02, 2016 , ... ... the Open Enrollment Period (or Annual Election Period), is ending December 7th. Currently-enrolled Medicare ... plan (Part C) or prescription drug plan (Part D) need to make changes during ...
(Date:12/2/2016)... (PRWEB) , ... December 02, 2016 , ... With the ... through rehabilitation of an injury, patients must find the one that works for them. ... pain, he created a machine that worked and decided to share it with others. ...
(Date:12/2/2016)... , ... December 02, 2016 , ... ... Beverly Hills, California, will be included in the 2016 “Guide to America’s Top ... professionals based on the amalgamation of their education, experience, and professional associations. ...
(Date:12/2/2016)... , ... December 02, 2016 , ... ... of "Cardiovascular Health" in USA Today, which covers the innovative treatments, therapeutic technologies, ... while maintaining fulfilling lives. “We are prolonging life 6 years in the last ...
(Date:12/2/2016)... Honolulu, Hawaii (PRWEB) , ... December 02, 2016 ... ... 3, 2016 at the Hyatt Regency Waikiki Beach Resort and Spa in Honolulu, ... (CME) in the field of pain management. , The demand for supplemental ...
Breaking Medicine News(10 mins):
(Date:12/2/2016)...  LifeVac, the revolutionary device that has successfully rescued ... Training and Support Services (ERTSS) training programs. ... part of the ERTSS mission to save lives," said ... "Having an established network of expert trainers demonstrating how ... our efforts to spread LifeVac,s message that choking deaths ...
(Date:12/2/2016)... ATLANTA , Dec. 2, 2016 Quantum ... screening and expert radiologist interpretation directly to women at ... partners with corporations, such as Delta Air Lines and ... cancer screening as a component of wellness initiatives. ... women of SunTrust. It enables them to have a ...
(Date:12/2/2016)... Va. , Dec. 2, 2016  The ... by the Academy of Managed Care Pharmacy (AMCP), ... organizations can better address the opioid addiction crisis, ... Assisted Therapies (MAT). ATAG,s newly released ... Improving Access to Naloxone," addresses many issues around ...
Breaking Medicine Technology: