AM Best Assigns Preliminary Credit Assessment to Federal Life Insurance Company
AM Best has assigned a Preliminary Credit Assessment (PCA) to Federal Life Insurance Company (Fed Life) (Riverwoods, IL) with a Financial Strength Assessment of A- pca (Excellent) and a Long-Term Issuer Credit Assessment of “a-” pca (Excellent).
- AM Best has assigned a Preliminary Credit Assessment (PCA) to Federal Life Insurance Company (Fed Life) (Riverwoods, IL) with a Financial Strength Assessment of A- pca (Excellent) and a Long-Term Issuer Credit Assessment of “a-” pca (Excellent).
- Financial flexibility is viewed as positive as the company has access to additional capital at the holding company level (Federal Life Group, Inc.), and from its ultimate parent organization, Insurance Capital Group, LLC (ICG).
- The adequate operating performance assessment and the neutral business profile assessment are based on Fed Life’s business plans presented to AM Best.
- For additional information regarding the use and limitations of Credit Rating and Assessment opinions, please view Guide to Best’s Credit Ratings .