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AM Best Affirms Credit Ratings of Nassau Financial Group, L.P.s Insurance Subsidiaries


Posted on
16411
AM Best has affirmed the Financial Strength Rating (FSR) of B+ (Good) and the Long-Term Issue Credit Ratings (Long-Term ICR) of “bbb-” of Nassau Life Insurance Company (NNY), Nassau Life and Annuity Company (NLA), Nassau Life Insurance Company of Kansas (Overland Park, KS) and Nassau Life Insurance Company of Texas (Austin, TX). All of the aforementioned entities, including an unrated entity, Nassau Re (Cayman) Ltd., which is used for internal reinsurance, are collectively referred to as the Nassau Insurance Group (Nassau). Concurrently, AM Best has affirmed the FSR of B (Fair) and the Long-Term ICR of “bb” of PHL Variable Insurance Company (PHL). ....

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