Voya Financial Inc. Outlook Revised To Positive; Voya Insurance And Annuity Co. Downgraded, Outlook Developing - S&P Global Ratings’ Credit Research

Voya Financial Inc. Outlook Revised To Positive; Voya Insurance And Annuity Co. Downgraded, Outlook Developing

Voya Financial Inc. Outlook Revised To Positive; Voya Insurance And Annuity Co. Downgraded, Outlook Developing - S&P Global Ratings’ Credit Research
Voya Financial Inc. Outlook Revised To Positive; Voya Insurance And Annuity Co. Downgraded, Outlook Developing
Published Dec 21, 2017
5 pages (2061 words) — Published Dec 21, 2017
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

VOYA announced the sale of its operating entity, VIAC, to Venerable HoldCo Inc.(a newly formed entity owned by consortium of investors). We are affirming our ratings on VOYA and revising our outlook to positive from stable. We are lowering our rating on VIAC to 'BBB-' from 'A'; the outlook is developing. CENTENNIAL (S&P Global Ratings) Dec. 21, 2017--S&P Global Ratings said today it affirmed its 'BBB' long-term issuer credit rating on Voya Financial Inc. and Voya Holdings Inc., and its 'A' financial strength and long-term issuer credit ratings on the group's remaining operating subsidiaries: Voya Retirement Insurance and Annuity Co., Midwestern United Life Insurance Co., Reliastar Life Insurance Co., Reliastar Life Insurance Co. of New York, and Security Life of

  
Brief Excerpt:

...+ VOYA announced the sale of its operating entity, VIAC, to Venerable HoldCo Inc.(a newly formed entity owned by consortium of investors). + We are affirming our ratings on VOYA and revising our outlook to positive from stable. + We are lowering our rating on VIAC to '###-' from 'A'; the outlook is developing. CENTENNIAL (S&P Global Ratings) Dec. 21, 2017--S&P Global Ratings said today it affirmed its '###' long-term issuer credit rating on Voya Financial Inc. and Voya Holdings Inc., and its 'A' financial strength and long-term issuer credit ratings on the group's remaining operating subsidiaries: Voya Retirement Insurance and Annuity Co., Midwestern United Life Insurance Co., Reliastar Life Insurance Co., Reliastar Life Insurance Co. of New York, and Security Life of Denver Insurance Co. (collectively, VOYA). At the same time, we revised our outlook on the above entities to positive from stable. We also lowered our financial strength and long-term issuer credit ratings on Voya Insurance...

  
Report Type:

Ratings Action

Ticker
2713Z
Issuer
GICS
Life & Health Insurance (40301020)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Voya Financial Inc. Outlook Revised To Positive; Voya Insurance And Annuity Co. Downgraded, Outlook Developing" Dec 21, 2017. Alacra Store. May 02, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Voya-Financial-Inc-Outlook-Revised-To-Positive-Voya-Insurance-And-Annuity-Co-Downgraded-Outlook-Developing-1974754>
  
APA:
S&P Global Ratings’ Credit Research. (). Voya Financial Inc. Outlook Revised To Positive; Voya Insurance And Annuity Co. Downgraded, Outlook Developing Dec 21, 2017. New York, NY: Alacra Store. Retrieved May 02, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Voya-Financial-Inc-Outlook-Revised-To-Positive-Voya-Insurance-And-Annuity-Co-Downgraded-Outlook-Developing-1974754>
  
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