News Results

  1. AM Best Upgrades Credit Ratings of Athene Holding Ltd. and Its Subsidiaries
    Business Wire | 06/20/24 04:05 PM EDT

    AM Best has upgraded the Financial Strength Rating to A+ from A and the Long-Term Issuer Credit Rating to ?aa-? from ?a+? of the members of Athene Group. The ratings reflect Athene?s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management.

  2. AM Best Revises Outlooks to Stable for Members of Bankers Insurance Group
    Business Wire | 06/20/24 04:03 PM EDT

    AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Ratings of ?bbb-? of the members of Bankers Insurance Group.

  3. AM Best Upgrades Issuer Credit Rating of ONIX Asigurari S.A.
    Business Wire | 06/20/24 12:30 PM EDT

    AM Best has upgraded the Long-Term Issuer Credit Rating to ?bb+? from ?bb? and affirmed the Financial Strength Rating of B of ONIX Asigurari S.A.. The outlook of these Credit Ratings is stable. These ratings reflect ONIX?s balance sheet strength, which AM Best assesses as adequate, as well as its strong operating performance, limited business profile and marginal enterprise risk management.

  4. AM Best Affirms Credit Ratings of Qatar General Insurance & Reinsurance Company QPSC
    Business Wire | 06/20/24 12:25 PM EDT

    AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Qatar General Insurance & Reinsurance Company QPSC. The ratings reflect QGIRC?s consolidated 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.

  5. AM Best Affirms Credit Ratings of NLV Financial Corporation and Its Insurance Subsidiaries
    Business Wire | 06/20/24 10:58 AM EDT

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of National Life Insurance Company and its wholly owned subsidiary, Life Insurance Company of the Southwest.

  6. AM Best Assigns Issue Credit Rating to MetLife, Inc.?s New Senior Unsecured Notes
    Business Wire | 06/20/24 10:43 AM EDT

    AM Best has assigned a Long-Term Issue Credit Rating of ?a-? to the newly issued $500 million, 5.300% senior unsecured notes due Dec. 15, 2034, issued by MetLife, Inc. (MET) [NYSE: MET]. The outlook assigned to this Credit Rating is stable.

  7. AM Best Affirms Credit Ratings of ProAssurance Group Members and ProAssurance Corporation
    Business Wire | 06/20/24 09:32 AM EDT

    AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a+? of the members of ProAssurance Group. The ratings of ProAssurance Group reflect its balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management.

  8. MicroStrategy Completes $800 Million Offering of 2.25% Convertible Senior Notes Due 2032
    Business Wire | 06/20/24 08:00 AM EDT

    MicroStrategy? Incorporated today announced that, on June 18, 2024, it completed its previously announced offering of 2.25% convertible senior notes due 2032. The notes are unsecured, senior obligations of MicroStrategy (MSTR), and bear interest at a rate of 2.25% per annum, payable semi-annually in arrears on June 15 and December 15 of each year, beginning on December 15, 2024.

  9. AM Best Downgrades Credit Ratings of Sun Re Ltd; Places Credit Ratings Under Review With Negative Implications; Withdraws Credit Ratings
    Business Wire | 06/18/24 06:46 PM EDT

    AM Best has downgraded the Financial Strength Rating to B from B+ and the Long-Term Issuer Credit Rating to ?bb? from ?bbb-? of Sun Re Ltd. At the same time, AM Best has placed these Credit Ratings under review with negative implications.

  10. AM Best Revises Issuer Credit Rating Outlook to Positive for The Hartford Financial Services Group, Inc. and Its Subsidiaries
    Business Wire | 06/18/24 04:59 PM EDT

    AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Ratings and affirmed the Long-Term ICR of ?a-? and the Long-Term Issue Credit Ratings of The Hartford Financial Services Group, Inc. (HIG) [NYSE: HIG], which is the ultimate parent of the companies hereinafter mentioned.

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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