Articles > Popular publications > PR Newswire press releases > July-September 1998 > Friday, September 11

Article: DCR Reaffirms the Ratings of National Life Insurance Company and the Life Insurance Company of the Southwest

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PR Newswire
Article date:
September 11, 1998
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CHICAGO, Sept. 11 /PRNewswire/ -- Duff & Phelps Credit Rating Co. (DCR) has reaffirmed the 'AA-' (Double-A-Minus) claims paying ability ratings of National Life Insurance Company of Vermont (NLV) and its two-thirds-owned subsidiary, Life Insurance Company of the Southwest (LSW). The ratings, in the very high category, rely on the companies' strong capitalization and excellent asset quality. The ratings also reflect progress made in diversifying product lines and reducing expenses to improve profitability. Offsetting considerations are a concern over declining life insurance premiums and below-average profitability for its rating category. The rating outlook is ... 







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