Article: BANKERS LIFE INSURANCE COMPANY OF NEW YORK CLAIMS PAYING ABILITY RATED 'AA' BY DCR

CHICAGO, Jan. 8 /PRNewswire/ -- Duff & Phelps Credit Rating Co. (DCR) has rated the claims paying ability of Bankers Life Insurance Company of New York 'AA' (Double-A). This rating is supported by the financial strength of Banker Life's parent, Indianapolis Life Insurance Co. (ILICO) and reflects the strategic importance of the company to ILICO. ILICO's claims paying ability is rated 'AA' (Double-A) by DCR.

ILICO purchased Bankers Life Insurance Company of New York from Southwestern Life Insurance Co. July 27, 1995, as a strategic investment with long-term benefits for both companies. Bankers Life Insurance Company of New York provides ILICO additional diversity ...

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