-

AM Best to Sponsor and Present U.S. Life/Annuity Market Insight at ACLI Conference

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will lead a session on focused on the impacts of rising interest rates on U.S. life/annuity insurers at the American Council of Life Insurers (ACLI) Annual Conference, which takes place, Sept. 28-20, 2022, in Washington D.C.

Michael Porcelli, senior director, and Jacqalene Lentz, director, both of AM Best, will deliver the presentation, titled, “Interest Rates are Finally Rising, What is AM Best’s View and Impact to AM Best’s Rating Process and Building Blocks,” during which they will review insurers’ performance and share their perspectives on the state of the life/annuity industry. They also will discuss how life insurers are addressing other current issues and challenges facing primary writers and life reinsurers, and how these could have an impact on AM Best’s ratings of these companies.

The senior AM Best analysts each hold decades of experience in the insurance industry, managing analytic teams responsible for the rating agency’s coverage of the North American and Caribbean life/annuity sector. The session will take place Friday, Sept. 30, at 11:00 a.m. (EDT).

The annual ACLI event brings together senior executives from life insurance and financial services companies to examine current business and political issues. This year’s online program, of which AM Best is sponsoring as a conference partner, is themed as LIFT (Life Insurers Fuel Transformation), and features sessions addressing investment, compliance, legislative and accounting issues. For more information about ACLI’s annual conference, please view the event webpage and agenda.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2022 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com

Al Slavin
Communications Specialist
+1 908 439 2200, ext. 5098
al.slavin@ambest.com

AM Best


Release Versions

Contacts

Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com

Al Slavin
Communications Specialist
+1 908 439 2200, ext. 5098
al.slavin@ambest.com

More News From AM Best

AM Best Affirms Credit Ratings of Malaysian Reinsurance Berhad

SINGAPORE--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Malaysian Reinsurance Berhad (Malaysian Re) (Malaysia). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Malaysian Re’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. Malaysian Re’...

AM Best Affirms Credit Ratings of Meiji Yasuda Life Insurance Company

HONG KONG--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of Meiji Yasuda Life Insurance Company (Meiji Yasuda) (Japan). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Meiji Yasuda’s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favourable business profile and appropriate enterprise risk management. Meiji Yasud...

AM Best Affirms Credit Ratings of Family Guardian Insurance Company Limited and FamGuard Corporation Limited

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” (Good) of Family Guardian Insurance Company Limited (Family Guardian). Concurrently, AM Best has affirmed the Long-Term ICR of “bb+” (Fair) of FamGuard Corporation Limited. Both companies are domiciled in Nassau, Bahamas. The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Family Guardian’s balance sheet streng...
Back to Newsroom