Oxford Life Upgraded to A- by AM Best
May 12, 2014
A.M. Best has recently upgraded the financial strength rating to A- (Excellent) from B++ (Good) and issuer credit ratings to "a-" from "bbb+" of its subsidiary Oxford Life Insurance Company (Oxford Life). This rating also applies to Oxford Life's subsidiary, Christian Fidelity Life Insurance Company. A.M. Best also affirmed the financial strength rating of B++ (Good) and issuer credit ratings of "bbb" of another Oxford Life subsidiary, North American Insurance Company. The outlook for all ratings is stable.
Financial Strength Rating
Was: B++ (Good)
Now: A- (Excellent)
Issuer Credit Ratings
Oxford Life and its subsidiaries focus on providing products and services that promote the financial security of the rapidly growing senior market. With a keen understanding of this market, Oxford Life saves its policyholders and producers time and money through processing and underwriting efficiencies. This strategy has continued Oxford Life's profitable growth with consolidated statutory revenue over $325 million and conservative assets that exceed $1.1 billion.
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