A.M. Best Ratings for 2009-2010

Business Graph by Balazs Gal
Most credit scores
of insurance companies
are stable
Photo by Balazs Gal

Unity Life of Canada joined the Foresters family in April 2008 and as of Jan 23 2012 changed their name to Foresters Life Insurance Company.

A.M. Best is a credit rating company for the insurance and banking sectors. Consumers use it to assess the financial strength and credit worthiness of their lending institutions. The following are the ratings for March 2010 and the fourth quarter of 2009:

AM Best Ratings to March 2010 & OSFI Fourth Quarter 2009 MCCSR

At Q1 2010   AM Best Rating  
    Rating Outlook
  effective Date Better Worse
BMO Life 30-Oct-09 A Stable
AXA Assurance 7-May-09 A Stable
Blue Cross 24-Feb-10 A- Stable
Canada Life 22-Jan-09 A+ Stable
Cuinis Life   not rated not rated
Desjardins   not rated not rated
Empire Life 12-jun-09 A negative
Equitable Life 14-Jun-09 A+ Stable
Great West Lifeco 22-Jan-09 A+ Stable
Industrial Alliance Pacific 12-Mar-10 A Stable
London Life 22-Jan-09 A+ Stable
Manulife 19-Jan-10 A Stable
Primerica 15-May-09 A+ Negative
RBC Insurance 23-Jun-09 A-pd N/A
Standard Life 20-May-09 Not rated not rated
Sun Life 27-Feb-09 A+ Stable
Transamerica 29-May-09 B++ Negative
Unity Life 8-May-09 A- Stable
Wawanesa Life 23-Oct-08 A Stable
Western Life 25-Jun-09 B++ Stable

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One Comment

  1. John Hutton 06/16/2010 at 4:38 pm

    Primerica and Empire both have credit rating of A+ and A respectively, which is good, however their outlook is negative. Can the rating be very good even though the outlook is negative?

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