Global credit rating agency AM Best has affirmed Partners Life’s financial strength rating as A- (excellent) and its long-term issuer credit rating of A-.
The outlook of both these credit ratings is stable, says Partners Life in a press release.
“The ratings reflect Partners Life’s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management,” says the firm’s managing director Naomi Ballantyne in a statement.
“We are extremely proud to receive this affirmation of the strength of our business.”