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Article: DCR Reaffirms 'AAA' Claims Paying Ability Ratings of: John Hancock Mutual Life Insurance Company; John Hancock Variable Life Insurance Company;
- Article from:
- PR Newswire
- Article date:
- September 2, 1997
CopyrightCOPYRIGHT 1997 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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John Hancock Life Insurance Company of America
CHICAGO, Sept. 2 /PRNewswire/ -- Duff & Phelps Credit Rating Co. (DCR) has reaffirmed the claims paying ability ratings of the following companies at 'AAA' (Triple-A): John Hancock Mutual Life Insurance Company (John Hancock), John Hancock Variable Life Insurance Company (John Hancock Variable), and John Hancock Life Insurance Company of America (JHLICOA).
DCR has also reaffirmed John Hancock's surplus notes rating at 'AA' (Double-A).
Rationale for the ratings include the combined entity's strong franchise in the insurance and financial services market, diversified and stable ...