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Article: In Brief: Allstate Subsidiaries' Ratings Are Affirmed.(Allstate Insurance Co., Allstate Life Insurance Co., and selected subsidiaries)
- Article from:
- American Banker
- Article date:
- January 22, 2003
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A.M. Best Co. has affirmed the financial strength and debt ratings of Allstate Corp.'s property/casualty and life/health subsidiaries.
A positive outlook was assigned to Allstate Insurance Co., Allstate Life Insurance Co., and selected subsidiaries, the ratings company said on Friday.
The ratings reflect Allstate's superior financial strength, favorable operating performance, and considerable market presence, the company said. The insurer's strong capital position, stable balance sheet, and excellent liquidity reflect its management's conservative operating and financial strategies, Best said.
Allstate maintains an outstanding market presence as ...