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.
Hartford: 10-Year Analysis Shows Shifts in Common, Expensive Small-Business Claims
After Years of Pushing Rate Hikes, Florida’s Citizens Now Wants HO Rate Decrease
Truckers Who Fail English Tests Are Pulled Off Roads in Crackdown
State Farm Sued Over Policies Backed by Distressed Insurer PHL 


