A.M. Best Co. has assigned indicative ratings of “bbb+” on senior unsecured debt, “bbb” on subordinated debt and “bbb-” on junior subordinated debt and preferred stock to the recently filed shelf registration of The Hartford Financial Services Group, Inc., (The Hartford) (Hartford, CT) (NYSE:HIG). The outlook assigned is stable. The Hartford’s existing financial strength, issuer credit and debt ratings are unchanged.
The methodology used in determining these ratings is Best’s Credit Rating Methodology, which provides a comprehensive explanation of A.M. Best’s rating process and contains the different rating criteria employed in the rating process. Best’s Credit Rating Methodology can be found at www.ambest.com/ratings/methodology.
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