A.M. Best Ratings for 2009-2010

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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 
  RatingOutlook
 effective DateBetterWorse
BMO Life30-Oct-09AStable
AXA Assurance7-May-09AStable
Blue Cross24-Feb-10A-Stable
Canada Life22-Jan-09A+Stable
Cuinis Life not ratednot rated
Desjardins not ratednot rated
Empire Life12-jun-09Anegative
Equitable Life14-Jun-09A+Stable
Great West Lifeco22-Jan-09A+Stable
Industrial Alliance Pacific12-Mar-10AStable
London Life22-Jan-09A+Stable
Manulife19-Jan-10AStable
Primerica15-May-09A+Negative
RBC Insurance23-Jun-09A-pdN/A
Standard Life20-May-09Not ratednot rated
Sun Life27-Feb-09A+Stable
Transamerica29-May-09B++Negative
Unity Life8-May-09A-Stable
Wawanesa Life23-Oct-08AStable
Western Life25-Jun-09B++Stable

If you need help with your own insurance needs, feel free to contact us at 1-866-899-4849 or vist our Term Life Instant Quote Page

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John Hutton
John Hutton

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?