A.M. Best Withdraws Ratings of Reassure America Life Insurance Company Due to Legal Merger

OLDWICK, N.J.--()--A.M. Best Co. has withdrawn the financial strength rating (FSR) of A+ (Superior) and the issuer credit rating (ICR) of “aa-“ of Reassure America Life Insurance Company (REALIC) (Fort Wayne, IN) following its legal merger into its parent, Jackson National Life Insurance Company (Jackson) (Lansing, MI).

This transaction closed on December 31, 2012, and at that time, all assets and liabilities of REALIC were merged into Jackson. Jackson currently has an FSR of A+ (Superior) and an ICR of “aa-” with a stable outlook.

The methodology used in determining these ratings is Best’s Credit Rating Methodology, which provides a comprehensive explanation of A.M. Best’s rating process and contains the different rating criteria employed in the rating process. Best’s Credit Rating Methodology can be found at www.ambest.com/ratings/methodology.

Founded in 1899, A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2013 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

Contacts

A.M. Best Co.
Michael Adams, 908-439-2200, ext. 5133
Senior Financial Analyst
michael.adams@ambest.com
or
Ken Johnson, CFA, CTP, 908-439-2200, ext. 5056
Managing Senior Financial Analyst
ken.johnson@ambest.com
or
Rachelle Morrow, 908-439-2200, ext. 5378
Senior Manager, Public Relations
rachelle.morrow@ambest.com
or
Jim Peavy, 908-439-2200, ext. 5644
Assistant Vice President, Public Relations
james.peavy@ambest.com

Sharing

Contacts

A.M. Best Co.
Michael Adams, 908-439-2200, ext. 5133
Senior Financial Analyst
michael.adams@ambest.com
or
Ken Johnson, CFA, CTP, 908-439-2200, ext. 5056
Managing Senior Financial Analyst
ken.johnson@ambest.com
or
Rachelle Morrow, 908-439-2200, ext. 5378
Senior Manager, Public Relations
rachelle.morrow@ambest.com
or
Jim Peavy, 908-439-2200, ext. 5644
Assistant Vice President, Public Relations
james.peavy@ambest.com