Latest Medicare Update May 22, 2012 at 06:25 AM

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Fitch and A.M. Best Each Affirm Jackson's Financial Strength RatingFitch


Fitch and A.M. Best Each Affirm Jackson's Financial Strength Rating
Fitch Ratings and A.M. Best have recently affirmed the financial strength rating of Jackson National Life Insurance Company and Jackson National Life Insurance Company of New York .

Genworth Announces Sale of Medicare Supplement Business for $290 Million
Genworth Financial, Inc. announces it has reached an agreement to sell its Medicare supplement business and related blocks of in-force business to Aetna Inc. for $290 million. Genworth expects the total capital resulting from this transaction within its life insurance companies that will be available for redeployment to be approximately $240 million. The company will record an after-tax gain ...

Fitch Places Continental Life Insurance Company of Brentwood, Tennessee on Rating Watch Positive
Fitch Ratings has placed the 'A-' Insurer Financial Strength rating of Continental Life Insurance Company of Brentwood, Tennessee , a subsidiary of Genworth Life Insurance Company , on Rating Watch Positive.

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