trending Market Intelligence /marketintelligence/en/news-insights/trending/kBS1rLKBP2lTD-5BHV8f9Q2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Kroll upgrades Penn Mutual, subsidiaries

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Kroll upgrades Penn Mutual, subsidiaries

Kroll Bond Rating Agency has upgraded the insurance financial strength ratings to AA from AA- of Penn Mutual Life Insurance Co. and subsidiaries Penn Insurance & Annuity Co., Vantis Life Insurance Co. and Vantis Life Insurance Co. of New York.

The issuer rating of Janney Montgomery Scott LLC, Penn Mutual's broker/dealer unit, was also upgraded to A+ from A. The rating is bolstered by an experienced management team, a long history of profitable operations, a conservative risk appetite, a low-risk business mix and 100% ownership by Penn Mutual, Kroll said.

The outlook for all ratings is stable. That outlook on Penn Mutual and its subsidiaries reflects Kroll's expectation that the companies' strategic positioning will continue to place an emphasis on mutuality, and that they will hold a leadership position in life insurance and focus on risk management as a core competency.