News Results

  1. AM Best Affirms Credit Ratings of Seguros e Inversiones, S.A.
    Business Wire | 04:38 PM EST

    AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of Seguros e Inversiones, S.A. . The outlook of these Credit Ratings is stable. The ratings reflect SISA?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

  2. AM Best Affirms Credit Ratings of Folgate Insurance Company Limited
    Business Wire | 10:16 AM EST

    AM Best has affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of ?bb+? of Folgate Insurance Company Limited. The ratings reflect Folgate?s balance sheet strength, which AM Best assesses as adequate, as well as the company?s adequate operating performance, very limited business profile and appropriate enterprise risk management.

  3. AM Best Assigns Credit Ratings to Mongolian National Reinsurance JSC
    Business Wire | 09:55 AM EST

    AM Best has assigned the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of ?bb+? to Mongolian National Reinsurance JSC. The ratings reflect Mongolian Re?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.

  4. AM Best Affirms Credit Ratings of NongHyup Property and Casualty Insurance Company Limited
    Business Wire | 08:54 AM EST

    AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of ?a-? of NongHyup Property and Casualty Insurance Company Limited. The ratings reflect NH P&C?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.

  5. AM Best Affirms Credit Ratings of Group Ark Insurance Limited
    Business Wire | 08:23 AM EST

    AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of ?a? of Group Ark Insurance Limited. The ratings reflect Ark?s consolidated balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

  6. Genesis Energy, L.P. Upsizes and Prices Public Offering of Senior Notes
    Business Wire | 11/30/23 05:31 PM EST

    Genesis Energy, L.P. (GEL) today announced that it has priced a public offering of $600,000,000 in aggregate principal amount of 8.250% senior unsecured notes due 2029.

  7. AM Best Affirms Credit Ratings of Knights of Columbus
    Business Wire | 11/30/23 04:36 PM EST

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of ?aa? of Knights of Columbus. The ratings reflect the Order?s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management.

  8. AM Best Affirms Credit Ratings of Orion Reinsurance (Bermuda) Ltd.
    Business Wire | 11/30/23 01:36 PM EST

    AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Orion Reinsurance Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect Orion Re?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.

  9. AM Best Affirms Credit Ratings of Securian Financial Group, Inc. and Its Subsidiaries
    Business Wire | 11/30/23 12:05 PM EST

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of Minnesota Life Insurance Company and its subsidiary, Securian Life Insurance Company, together referred to as Securian Financial Insurance Group.

  10. AM Best Withdraws Credit Ratings of PGA Sompo Insurance Corporation
    Business Wire | 11/30/23 11:11 AM EST

    AM Best has upgraded the Financial Strength Rating to B++ from B+ and the Long-Term Issuer Credit Rating to ?bbb? from ?bbb-? of PGA Sompo Insurance Corporation. The ratings reflect PGA Sompo?s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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