Insurance and pension provider Aviva USA said a ratings upgrade by A.M Best on Tuesday, Oct. 9th will help it grow its business in the United States.
Des Moines-based Aviva USA, the U.S. unit of London-based Aviva PLC, Britain’s largest insurer, is the result of the company’s acquisition of AmerUs Group last year.
A.M. Best increased the rating for the U.S. business unit to superior from excellent as part of an annual review of the business. An A.M. Best statement said the acquisition of AmerUs provided Aviva USA significant growth opportunities in the life and retirement savings market and has enhanced Aviva’s geographical diversification.
Aviva USA said it saw record sales across all business lines in the United States in the first six months of this year.
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