Positive ratings actions could result from continued new business premium growth within FGL’s fixed indexed annuity and indexed universal life segments while maintaining its current level of profitability, materially improving its risk-adjusted capitalization as well as improving the financial performance and flexibility at HGI. Negative rating actions could result from a material decline in the company’s operating performance and/or its risk-adjusted capitalization.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. Founded in 1899, A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com . Copyright © 2012 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.