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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
January 08, 2004 at 07:00 PM
NU Online News Service, Jan. 8, 2004, 11:46 a.m. EST – Moody’s Investors Service, New York, has increased the insurance financial strength rating of The Penn Mutual Life Insurance Company, Horsham, Pa., and a subsidiary, The Penn Insurance and Annuity Company, to Aa3, from A1.[@@]
The rating outlook for the companies is stable, Moody’s says.
Penn Mutual faces stiff competition, but it has done a good job of building its sales network, managing risk and showing its commitment to keeping its mutual life insurance company charter, Moody’s says in a comment on the rating upgrade.
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