Ratings Updates

Entries for August 2009

 Mass Mutual's downgrade this  past month was the only notable change.  However, we hear the S&P is modifying their capital model and may create another wave of downgrades because of increased capital requirements without enough time for many of the companies to accumulate the capital.  We will continue to monitor the changes for you each month.  The increases in capital required by the ratings agencies are having an impact on product pricing and we continue to see companies raising prices in the more capital intense products, especially the longer duration level premium term policies.

What questions are your clients asking where you would like to have an objective opinion available to help answer them?  Please give us a call at 205.414.9955 and we will be glad to help.

For the month of August 2009



AM Best

S & P


Mass Mutual


AAA w- to AA+