Monumental’s ‘AAA’ Affirmed

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.