News Results

  1. AM Best Affirms Credit Ratings of Principal Financial Group, Inc. and Its Subsidiaries
    Business Wire | 04/25/25 02:43 PM EDT

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of Principal Life Insurance Company and Principal National Life Insurance Company. The ratings reflect Principal?s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favorable business profile and very strong enterprise risk management.

  2. AM Best Removes From Under Review With Negative Implications and Downgrades Credit Ratings of Oregon Mutual Group Members
    Business Wire | 04/25/25 01:47 PM EDT

    AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to B++ from A- and the Long-Term Issuer Credit Ratings to ?bbb? from ?a-? of Oregon Mutual Insurance Company and Western Protectors Insurance Company, which are domiciled in McMinnville, OR and collectively referred to as Oregon Mutual Group.

  3. AM Best Revises Outlooks to Positive for SiriusPoint Ltd. and Its Subsidiaries
    Business Wire | 04/25/25 11:17 AM EDT

    AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of ?a-? of the rated operating subsidiaries of SiriusPoint Ltd. [NYSE: SPNT]. Additionally, AM Best has affirmed the Long-Term ICR of ?bbb-? of SiriusPoint, which is a non-operating holding company..

  4. AM Best Upgrades Issuer Credit Rating of Unity Financial Life Insurance Company
    Business Wire | 04/25/25 11:12 AM EDT

    AM Best has upgraded the Long-Term Issuer Credit Rating to ?bbb+? from ?bbb? and affirmed the Financial Strength Rating of B++ of Unity Financial Life Insurance Company. The Credit Ratings reflect Unity?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. FRN Variable Rate Fix
    Business Wire | 04/25/25 02:00 AM EDT

    ?. Australia and New Zealand Banking Group. Issue of EUR 1,250,000,000.00 Floating Rate. Senior Unsecured Notes due 29 October 2027. series 2146 Tranche 1 MTN. ISSUE NAME. Our Ref. ISIN Code. INTEREST AMT PER DENOM. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. EUR 1,000.00 IS EUR 7.56. POOL FACTOR.

  6. AM Best Revises Outlooks to Stable for Argo Group International Holdings, Inc. and Its Subsidiaries
    Business Wire | 04/24/25 04:07 PM EDT

    AM Best has revised outlooks to stable from positive and affirmed the Long-Term Issuer Credit Rating of ?bbb-? and the associated Long-Term Issue Credit Ratings of Argo Group International Holdings, Inc.. In addition, AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of A- and the Long-Term ICRs of ?a-? of its operating subsidiaries.

  7. AM Best Affirms Credit Ratings of Sagicor Reinsurance Bermuda Ltd. and Sagicor Life Jamaica Limited
    Business Wire | 04/24/25 02:30 PM EDT

    AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of ?a-? of Sagicor Reinsurance Bermuda Ltd.. In addition, AM Best has affirmed the FSR of B++ and the Long-Term ICR of ?bbb+? of Sagicor Life Jamaica Limited.

  8. AM Best Affirms Credit Ratings of Misr Insurance Company
    Business Wire | 04/24/25 02:11 PM EDT

    AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of ?bbb? and the Egypt National Scale Rating of aaa.EG of Misr Insurance Company. The ratings reflect MIC?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.

  9. AM Best Affirms Credit Ratings of Misr Life Insurance Company
    Business Wire | 04/24/25 02:00 PM EDT

    AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of ?bbb? and the Egypt National Scale Rating of aaa.EG of Misr Life Insurance Company. The ratings reflect MLIC?s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.

  10. AM Best Revises Outlooks to Stable for Suez Canal Insurance
    Business Wire | 04/24/25 01:00 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 Rating of ?bb-? of Suez Canal Insurance. The Credit Ratings reflect SCI?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and marginal 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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