The ‘AAA’ counterparty credit and financial strength ratings on Monumental General Casualty Company was affirmed by S&P. Pending a review of Monumental’s strategic position with the Aegon USA group of insurance companies, the ratings were placed on CreditWatch with negative implications.
In a separate rating action, the ‘AAA’ counterparty credit and insurer financial strength ratings on Aegon Levensverzekering N.V. and Aegon Schadeverzekering N.V. were affirmed by S&P.
Was this article valuable?
Here are more articles you may enjoy.
Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It 
AI for the Defense: Should Insurers or Law Firms Pay? 
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims 
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case From This Issue
