S&PCORRECT: William Penn Life Insurance Co. of NY Insurer Financial Strength Rating Lowered To 'AA-' - S&P Global Ratings’ Credit Research

S&PCORRECT: William Penn Life Insurance Co. of NY Insurer Financial Strength Rating Lowered To 'AA-'

S&PCORRECT: William Penn Life Insurance Co. of NY Insurer Financial Strength Rating Lowered To 'AA-' - S&P Global Ratings’ Credit Research
S&PCORRECT: William Penn Life Insurance Co. of NY Insurer Financial Strength Rating Lowered To 'AA-'
Published Apr 09, 2009
Published Apr 09, 2009
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

LONDON (Standard&Poor's) April 9, 2009--Standard&Poor's Ratings Services today corrected an error on the insurer financial strength rating on William Penn Life Insurance Co. of NY. On Feb. 25, 2009, we lowered the counterparty credit rating on William Penn Insurance Co. of NY. to 'AA-' from 'AA'. Due to an administrative error, the insurer financial strength rating on this entity was not changed and remained at 'AA' in our database. We have today corrected this to 'AA-'. RATINGS LIST To From William Penn Life Insurance Co. of NY Insurer Financial Strength Rating AA-/Negative AA/Negative

  
Report Type:

Ratings Action

Ticker
LGEN@LN
Issuer
GICS
Life & Health Insurance (40301020)
Sector
Global Issuers, Insurance
Country
Region
Format:
HTML HTML
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "S&PCORRECT: William Penn Life Insurance Co. of NY Insurer Financial Strength Rating Lowered To 'AA-'" Apr 09, 2009. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-William-Penn-Life-Insurance-Co-of-NY-Insurer-Financial-Strength-Rating-Lowered-To-AA-714831>
  
APA:
S&P Global Ratings’ Credit Research. (). S&PCORRECT: William Penn Life Insurance Co. of NY Insurer Financial Strength Rating Lowered To 'AA-' Apr 09, 2009. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-William-Penn-Life-Insurance-Co-of-NY-Insurer-Financial-Strength-Rating-Lowered-To-AA-714831>
  
US$ 150.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.