Unitrin Inc., Units Rtgs Affirmed, Reserve National Ins Co. Rtgs Lwrd To 'A'; Otlk Stable - S&P Global Ratings’ Credit Research

Unitrin Inc., Units Rtgs Affirmed, Reserve National Ins Co. Rtgs Lwrd To 'A'; Otlk Stable

Unitrin Inc., Units Rtgs Affirmed, Reserve National Ins Co. Rtgs Lwrd To 'A'; Otlk Stable - S&P Global Ratings’ Credit Research
Unitrin Inc., Units Rtgs Affirmed, Reserve National Ins Co. Rtgs Lwrd To 'A'; Otlk Stable
Published Apr 13, 2006
Published Apr 13, 2006
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) April 13, 2006--Standard&Poor's Ratings Services said today it lowered its counterparty credit and financial strength ratings on Reserve National Insurance Co. (Reserve National) to 'A' from 'A+'. In addition, Standard&Poor's affirmed its 'BBB+' counterparty credit and senior debt ratings on Unitrin Inc. (NYSE:UTR) and affirmed its 'A' counterparty credit and financial strength ratings on Unitrin's property/casualty (P/C) subsidiaries and its 'A+' counterparty credit and financial strength ratings on Unitrin's life and health (L/H) subsidiaries. The outlook on all these ratings is stable. Reserve National is still considered nonstrategic to Unitrin's L/H operating companies. "Historically, the ratings on Reserve National benefited from one notch of support from Unitrin's L/H division, but because

  
Report Type:

Ratings Action

Ticker
UTR
Issuer
Kemper Corp.
GICS
Multi-line Insurance (40301030)
Sector
Global Issuers
Country
United States
Region
United States
Format:
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Unitrin Inc. – 2006/04/26 – US$ 500.00

Summary: Unitrin Inc. – 2006/04/26 – US$ 225.00

Unitrin Inc. – 2007/04/30 – US$ 500.00

Summary: Unitrin Inc. – 2007/04/30 – US$ 225.00

Unitrin Inc. – 2004/12/22 – US$ 500.00

Summary: Unitrin Inc. – 2004/12/22 – US$ 225.00

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MLA:
S&P Global Ratings’ Credit Research. "Unitrin Inc., Units Rtgs Affirmed, Reserve National Ins Co. Rtgs Lwrd To 'A'; Otlk Stable" Apr 13, 2006. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Unitrin-Inc-Units-Rtgs-Affirmed-Reserve-National-Ins-Co-Rtgs-Lwrd-To-A-Otlk-Stable-503415>
  
APA:
S&P Global Ratings’ Credit Research. (). Unitrin Inc., Units Rtgs Affirmed, Reserve National Ins Co. Rtgs Lwrd To 'A'; Otlk Stable Apr 13, 2006. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Unitrin-Inc-Units-Rtgs-Affirmed-Reserve-National-Ins-Co-Rtgs-Lwrd-To-A-Otlk-Stable-503415>
  
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