Business Wire

Best’s Special Report: Surplus Notes Usage Continues to Increase for Life/Annuity Segment

OLDWICK, N.J.--(BUSINESS WIRE)--A notable increase in surplus note issuances by the U.S. life/annuity (L/A) segment between 2014-2017 drove an overall modest rise by insurance companies industrywide, ...
Insurancenewsnet.com

Fitch Rates New York Life’s Surplus Notes ‘AA’; Affirms IFS at ‘AAA’; Outlook Negative

CHICAGO--(BUSINESS WIRE)-- Fitch Ratings has assigned an 'AA' rating to New York Life Insurance Company's (New York Life) recently issued 144a surplus notes 6.75% due 2039. At the same time, Fitch ...
Insurancenewsnet.com

Fitch Rates Massachusetts Mutual’s Surplus Note Issue ‘AA-‘

The following is from Fitch Ratings on April 10: Fitch Ratings has assigned an 'AA-' rating to Massachusetts Mutual Life Insurance Company's (MassMutual) $500 million 4.50 percent surplus notes due in ...
Business Insider

Massachusetts Mutual Life Insurance Company Announces Increase in the Maximum Tender Amount and the Principal Amount of Surplus Notes to be Accepted in its Cash Tender Offer

SPRINGFIELD, Mass., March 20, 2017 /PRNewswire/ -- Massachusetts Mutual Life Insurance Company ("MassMutual") announced today that it has increased the maximum combined aggregate principal amount of ...
Business Insider

The Guardian Life Insurance Company Of America Announces Early Exchange Results Of Its Previously Announced Private Exchange Offer Of Its Outstanding 7.375% Surplus Notes Due ...

NEW YORK, Dec. 26, 2017 /PRNewswire/ -- The Guardian Life Insurance Company of America® ("Guardian") today announced the early exchange results for its previously announced offer to exchange (the ...