NU Online News Service, Oct. 18, 2004, 3:03 p.m. EDT
Moody’s Investors Service, New York, has listed concentration of annuity distribution as a possible insurance company risk factor.[@@]
The rating agency has assigned an A3 rating to $150 million in senior notes issued by Protective Life Corp., Birmingham, Ala. The notes will pay an interest rate of 4.875% and mature Nov. 1, 2014.