A.M. Best Co. has affirmed the financial strength rating of Western & Southern's life insurance subsidiaries. This means the A.M. Best rating for six of our 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 – remains A+ (Superior). This is the second highest of A.M. Best’s 16 financial strength ratings.
The A.M. Best rating for our seventh life insurance subsidiary – Gerber Life Insurance Company – remains A (Excellent). This is the third highest of A.M. Best's 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.