A.M. Best Co. has affirmed the financial strength rating of all of Western & Southern's six life insurance subsidiaries – The Western and Southern Life Insurance Company, Western-Southern Life Assurance Company, Columbus Life Insurance Company, The Lafayette Life Insurance Company, Integrity Life Insurance Company and National Integrity Life Insurance Company. This action means our A.M. Best rating remains A+ (Superior). This is the second highest of A.M. Best’s 16 financial strength ratings.
In its rating report received this week, A.M. Best stated that the rating reflects Western & Southern Financial Group’s “… balance sheet strength, which AM Best categorizes as strongest, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management.”
This is a validation of how well Western & Southern has handled its diverse life insurance businesses. Its long-term investment and operational approach, coupled with an exceptional balance sheet and portfolio mix, continue to drive its ability to achieve outstanding financial results.
Rating agencies constantly monitor the financial strength of insurance companies and the stability of the investment and debt instruments they issue.
About Western & Southern Financial Group
Founded in Cincinnati in 1888 as The Western and Southern Life Insurance Company, and celebrating 130 years this year, Western & Southern Financial Group, Inc. (Western & Southern), a Fortune 500 company, is now the parent company of a group of diversified financial services businesses. Its assets owned ($48 billion) and managed ($27 billion) totaled $75 billion as of Sept. 30, 2018. Western & Southern is one of the strongest life insurance groups in the world. Its six life insurance subsidiaries (The Western and Southern Life Insurance Company, Western-Southern Life Assurance Company, Columbus Life Insurance Company, Integrity Life Insurance Company, The Lafayette Life Insurance Company and National Integrity Life Insurance Company) maintain very strong financial ratings. Other member companies include Eagle Realty Group, LLC; Fort Washington Investment Advisors, Inc.;1 IFS Financial Services, Inc.; Peppertree Partners LLC;1 Touchstone Advisors, Inc.;1 Touchstone Securities, Inc.;2 W&S Brokerage Services, Inc.;2 and W&S Financial Group Distributors, Inc. Find more information on the Western & Southern family of companies. Western & Southern is the title sponsor of six major community events every year, including the Western & Southern Open, a premier event in the U.S. Open Series played each August by the world’s top-ranked professional male and female tennis players.