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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
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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
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
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
October 27, 2011 at 06:00 AM
Taking into consideration the acquisition of Continental Life Insurance Company of Brentwood, Tennessee (Continental) by Aetna Inc., (Aetna) from Genworth Financial Inc., Fitch Ratings has adjusted its outlook on Continental.
Fitch removed Continental’s Insurer Financial Strength (IFS) rating from Rating Watch Positive, upgraded the rating to (A) from (A-) and assigned a Stable Rating Outlook. Due to the circumstances of those actions Fitch has withdrawn the rating.
The change in outlook reflects the Oct 3, 2011 close of Continental’s acquisition by Aetna and the integration of Continental into Aetna’s ownership and all the benefits derived from that ownership with regards to Fitch’s rating methodology.
Continental will cease to be rated by Fitch because it is considered to no longer be “relevant to the agency’s coverage.”
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