You’ve been granted free access to this subscribers only article.
A.M. Best affirms Catholic Life’s 30th excellent rating
SAN ANTONIO -- A.M. Best Co., an independent insurance industry rating agency, has reaffirmed Catholic Life Insurance’s financial strength. Effective April 30, A.M. Best rated Catholic Life Insurance’s financial stability, security, and management performance as A-(Excellent) with a stable outlook. This is the 30th consecutive year that Catholic Life has earned the “Excellent” rating.
The rating is based on a comprehensive quantitative evaluation of the organization’s balance sheet strength, operating performance, and business profile. Insurers in the excellent category are considered to have an excellent ability to meet their ongoing obligations. Moreover, a stable outlook indicates low likelihood of a rating change due to stable financial/market trends.
In their financial strength rating rationale, A.M. Best states “The ratings of Catholic Life Insurance reflect its more than sufficient risk-adjusted capitalization, overall good credit quality of its fixed income holdings, consistent trend of positive statutory earnings, and its active involvement in managing fraternal outreach programs and lodge activities.”
For more information, visit www.ambest.com.
Your Opinions and Comments
Be the first to comment on this story!
You must be logged in to post a comment.
South Texas Living Archives
Bible study in Verdi (July 1, 2015)
Buses, pickup trucks, automobiles, and walking (July 1, 2015)
Davy Crockett, Depression glass (July 1, 2015)
Dog shows start July 8 (July 1, 2015)
Enjoy Fourth of July parade, concert in Seguin (July 1, 2015)
Enjoy Sunday Dances all month (July 1, 2015)
Free July 4 concerts in SA (July 1, 2015)
Free music, fireworks in Brenham (July 1, 2015)
Ice cream makers, tasters needed (July 1, 2015)
Jack's Cafe adds Sports Room and patio (July 1, 2015)
July is for grape stomping (July 1, 2015)
Look who's flying solo! (July 1, 2015)
Memories fly following balloon stories (July 1, 2015)
Register for state-wide Chili Cook-off (July 1, 2015)
Remembering my first haircut (July 1, 2015)
Savor: Summer drinks with calories and exercise equivalents (July 1, 2015)
South Texas Gardener reveals 'mystery plants' (July 1, 2015)
The Gathering Music Show (July 1, 2015)