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Moody's affirms Western & Southern Financial subsidiaries

Moody's affirmed the Aa3 insurance financial strength rating of the subsidiaries of Western & Southern Financial Group Inc.

The subsidiaries are Western and Southern Life Insurance Co., Columbus Life Insurance Co., Integrity Life Insurance Co., National Integrity Life Insurance Co. and Western-Southern Life Assurance Co.

The outlook for the companies is stable.

The rating agency said the affirmation is based on Western & Southern Financial's established position in the life insurance and fixed annuity markets, as well as its strong capitalization, stable profitability, multichannel distribution network and strong holding company financial flexibility.