The FSR of B+ (Good) and ICRs of “bbb-” remain under review with negative implications for the following subsidiaries of The Phoenix Companies, Inc.:

  • Phoenix Life Insurance Company
  • PHL Variable Insurance Company
  • Phoenix Life and Annuity Company
  • American Phoenix Life and Reassurance Company

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.

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 © 2013 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

Copyright Business Wire 2010

If you liked this article you might like

Phoenix Companies (PNX) Downgraded From Buy to Hold

3 Stocks Boosting The Insurance Industry Higher

Phoenix Companies (PNX) Upgraded From Hold to Buy

Phoenix Companies (PNX) Downgraded From Buy to Hold

Why Phoenix Companies (PNX) Stock Surged Today