Summary: Ohio National Life Insurance Co. , Ohio National Life Assurance Corp. , And Ohio National Financial Services Inc. - S&P Credit Research

Summary: Ohio National Life Insurance Co. , Ohio National Life Assurance Corp. , And Ohio National Financial Services Inc.

1692 words — Published Apr 07, 2009
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Abstract:

The insurer financial strength ratings on Ohio National Life Insurance Co. (ONLIC) and Ohio National Life Assurance Corp. (ONLAC), collectively known as Ohio National, and the counterparty credit rating on Ohio National Financial Services Inc. (ONFS) reflect the companies' consistently favorable operating performance, solid competitive position built on diverse distribution channels, and strong mortality underwriting discipline that is materially enabled by its well-established, long-duration incentive compensation structure. The ratings also reflect very strong capitalization that remains redundant at the 'AA' rating category confidence levels after including the stressed capital charge for investment credit losses assumed under Standard&Poor's Ratings Services recently issued criteria. Proactive actions by management enhanced capitalization in recent months, and in the absence of these actions

  
Brief Excerpt:

RESEARCH Ratings Definitions Summary: Ohio National Life Insurance Co. , Ohio National Life Assurance Corp. , And Ohio National Financial Services Inc. Publication date: 07-Apr-2009 Primary Credit Analyst: Ovadiah N Jacob, New York...

  
Report Type:

Summary

Ticker
18442Z
Issuer
GICS
Life & Health Insurance (40301020)
Sector
Global Issuers, Insurance
Country
Region
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MLA:
S&P Credit Research. "Summary: Ohio National Life Insurance Co. , Ohio National Life Assurance Corp. , And Ohio National Financial Services Inc." Apr 07, 2009. Alacra Store. Oct 22, 2014. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Ohio-National-Life-Insurance-Co-Ohio-National-Life-Assurance-Corp-And-Ohio-National-Financial-Services-Inc-714336>
  
APA:
S&P Credit Research. (). Summary: Ohio National Life Insurance Co. , Ohio National Life Assurance Corp. , And Ohio National Financial Services Inc. Apr 07, 2009. New York, NY: Alacra Store. Retrieved Oct 22, 2014 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Ohio-National-Life-Insurance-Co-Ohio-National-Life-Assurance-Corp-And-Ohio-National-Financial-Services-Inc-714336>
  
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