NY -- Standard & Poor's CreditWire 2/6/96 -- Standard & Poor's lowers its claims-paying ability rating of the companies within the ING America Life group, which include the Life Insurance Co. of Georgia (LOG), Southland Life Insurance Co. (Southland), Security Life of Denver Insurance Co. (SLD), Midwestern United Life Insurance Co. (Midwestern) and First ING Life Insurance Co. of New York (First ING), to double-`A' from triple-`A'. Additionally, Standard & Poor's assigns its double-`A' claims-paying ability rating to the Columbine Life Insurance Co. (Columbine). The ING America Life group represents the U.S. life insurance operating entities of ING N.V., a large Netherlands-based international financial services organization with global consolidated assets of approximately $US200 billion as of Dec. 31, 1994. For
