Assurant, Inc., parent company of Assurant Pre-Need, has received a rating of A (Excellent) in its Financial Strength Rating (FSR) according to a note in Business Wire of March 2, 2017. Best also affirmed the FSR rating of A- (Excellent) for the life and health subsidiaries of Assurant.
According to the article Assurant’s ratings recognize its diverse business mix and presence in several niche markets, including the pre-need market. The ratings also affirm Assurants’ core life/health operations, which include pre-need and credit insurance, reflect favorable operating results in these segments and sound capitalization across all markets. The affirmations also reflect Assurant’s established competitive positions.