Moody’s Investors Service has raised the insurance financial strength rating of a large life insurer.
Moody’s, New York, increased the insurance financial strength rating of MetLife Investors USA Insurance Company to Aa2, from Aa3.
The parent company, MetLife Inc., New York, “restacked” its operating companies in October 2006 and made MetLife Investors a wholly owned direct subsidiary of another subsidiary, MetLife Insurance Company of Connecticut, according to Moody’s.