A.M. Best Co. has assigned a "bbb-" rating to the existing senior debt of Delphi Financial Group, Inc. [NYSE: DFG] (New York, NY) and a "bb+" rating to the capital securities issued by Delphi Funding L.L.C. Additionally, A.M. Best has affirmed the financial strength ratings of A- (Excellent) on the group's core life insurance subsidiaries, Reliance Standard Life Insurance Company (Chicago, IL) and First Reliance Standard Life Insurance Company of NY (New York, NY). The outlook for all of the ratings has been changed to positive from stable.
The positive outlook reflects Reliance Standard's...
Comments