• A.M. Best Revises Outlooks to Positive for MetLife, Inc.'s P/C Subs; Affirms Credit Ratings of MetLife, Inc. and Its L/H Subs

    1 month ago - By A.M. Best

    A.M. Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of “a+” of ...
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  • A.M. Best Upgrades Credit Ratings of Insurance Company of the West and Its Subsidiaries

    1 month ago - By A.M. Best

    A.M. Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to “a” from “a-” of Insurance Company of the West and its wholly owned ...
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  • Invesco acquires OppenheimerFunds from MassMutual, will have $1.3T assets under management

    Invesco acquires OppenheimerFunds from MassMutual, will have $1.3T assets under management

    1 month ago - By Biz Journals

    Invesco Ltd. will acquire MassMutual asset management affiliate OppenheimerFunds Inc. for about $5.7 billion, the companies announced today.
    Massachusetts Mutual Life Insurance Co. and the OppenheimerFunds employee shareholders will receive a combination of common and preferred equity consideration, and MassMutual will become a significant shareholder in Invesco, with an approximate 15.5 percent stake.
    The strategic transaction will bring Invesco's total assets under management to...
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  • A.M. Best Revises Outlooks to Positive for Dubai National Insurance & Reinsurance P.S.C

    1 month ago - By A.M. Best

    A.M. Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of “bbb+” of Dubai National Insurance & ...
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  • A.M. Best Downgrades Credit Ratings of United India Insurance Company Limited

    1 month ago - By A.M. Best

    A.M. Best has downgraded the Financial Strength Rating to B from B++ and the Long-Term Issuer Credit Rating to “bb+” from “bbb” of United India Insurance Company ...
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  • A.M. Best Removes From Under Review, Affirms Credit Ratings of Capital General Insurance Co. and Capital Life Insurance Co

    1 month ago - By A.M. Best

    A.M. Best has removed from under review with negative implications and affirmed the Financial Strength Rating of C++ and the Long-Term Issuer Credit Rating of “b+” of ...
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