[ Thursday, 22 February 2007 ]
|A.M. Best Affirms Rating of Fidelity Life Assurance for 2006|
Fidelity Life's credit rating remains unchanged since December 1996. Fidelity Life has an A- (Excellent) credit rating by A.M. Best, the world's oldest and most authoritative insurance rating and information source.
In their 2006 review, A.M. Best states "Fidelity Life's risk adjusted capitalization, as measured by Best's Capital Adequacy Model, has improved over the past financial year. Good operating earnings and disciplined investing have contributed to the company's improved capital position".
Comments from previous reports include:
"A.M. Best praises Fidelity Life's consistent profitability, conservative investment portfolio and stable business growth. It also highlights Fidelity Life's asset allocation and their investment strategy". A.M. Best Company 2005.
"A.M.Best also views favorably the company's management track record, which is reflected both in its earnings consistency and financial strength". A.M. Best Company 2004.
"Fidelity Life places strong focus on innovative product development and continual improvement to its range of risk products and investment returns. In addition, Fidelity Life has the protection and support of a comprehensive reinsurance program placed with global reinsurers". A.M. Best Company 2002.
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