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Article: Oxford Life Insurance Company and Subsidiaries Christian Fidelity Life Insurance Company and North American Insurance Company Announce Upgrades in Financial Strength Ratings.
- Article from:
- PR Newswire
- Article date:
- November 4, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PHOENIX, Nov. 4 /PRNewswire/ -- Oxford Life Insurance Company (Oxford Life) (Arizona) has been upgraded by A. M. Best, the world's oldest and most authoritative insurance rating and information source, to B (Fair) from B- (Fair). The rating increase also applies to Oxford Life subsidiary companies Christian Fidelity Life Insurance Company (Texas) and North American Insurance Company (Wisconsin). The rating outlook for all three companies remains positive.
"This upgrade reflects our emphasis on continuing financial security, improved operating results, increased capitalization and reduced risk exposure in our invested asset portfolio," said Mark A. ...