Annuity Watch

Insurance Company Upgrades & Downgrades For July 6th, 2009

Posted Monday, July 6, 2009

Follows is a list of insurance company ratings changes through 7/06/2009. Note that only changes to top-rated companies are listed here.

Upgrades

First Great-West Life & Ann - Upgraded by Moody's from no rating to Aa3 and Standard & Poors from no rating to AA
First Penn-Pacific - Retains A2 rating by Moody's but removed from watch
Lincoln Life & Ann of NY - Retains A2 rating by Moody's but removed from watch
Lincoln National Life Ins Co - Retains A2 rating by Moody's but removed from watch

Downgrades

Beneficial Life - Downgraded by AM Best from A to A- and Standard & Poor's from A to BB+ and placed on watch
CM Life Ins Co - Retains AAA rating by Standard & Poor's but placed on watch
Columbus Life Ins - Downgraded by Fitch from AA+ to AA
Integrity Life - Downgraded by Fitch from AA+ to AA
Lafayette Life - Downgraded by Fitch from AA+ to AA
MassMutual - Retains AAA rating by Standard & Poor's but placed on watch
Minnesota Life - Downgraded by Fitch from AA to AA-
MML Bay State Life - Retains AAA rating by Standard & Poor's but placed on watch
National Integrity - Downgraded by Fitch from AA+ to AA
National Life Ins Co PR - Downgraded by AM Best from A- to B++
Securian Life Insurance Co - Downgraded by Fitch from AA to AA-
Thrivent Finl for Lutherans - Downgraded by Fitch from AA+ to AA
Thrivent Life Ins Co - Downgraded by Fitch from AA+ to AA
Western & Southern - Downgraded by Fitch from AA+ to AA
Western- Southern - Downgraded by Fitch from AA+ to AA

And remember, you can request a detailed Vital Signs report on any insurance company free of charge. You need to understand the financial health of your insurance carrier!

Click here for a detailed definition of each ratings system by each ratings firm.

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