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Article: Fitch Affirms AmerUs Group; Rates Insurance Operating Subsidiaries.
- Article from:
- Business Wire
- Article date:
- February 28, 2005
CopyrightCOPYRIGHT 2005 Business Wire. 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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CHICAGO -- Fitch Ratings today affirmed the 'BBB' long-term issuer rating of AmerUs Group Co. (AmerUs), as well as the ratings on its outstanding debt (see below for a complete listing). In addition, Fitch assigned an 'A' insurer financial strength rating to the following AmerUs Group Co. insurance subsidiaries:
-- AmerUs Life Insurance Co. (AmerUs Life);
-- Indianapolis Life Insurance Co.;
-- American Investors Life Insurance Co.;
-- Bankers Life Insurance Co. of New York.
The rating action affects approximately $540 million of debt outstanding. The Rating Outlook is Stable.
The ratings are supported by AmerUs' good ...