News Results

  1. AM Best Upgrades Credit Ratings of National Unity Insurance Company
    Business Wire | 09/12/24 03:12 PM EDT

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

  2. AM Best Downgrades Credit Ratings of Universal Life Insurance Company
    Business Wire | 09/12/24 11:17 AM 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 Universal Life Insurance Company. The Credit Ratings reflect ULICO?s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and marginal enterprise risk management.

  3. AM Best Upgrades Issuer Credit Rating of Hotai Insurance Co., Ltd.
    Business Wire | 09/12/24 10:50 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 Hotai Insurance Co., Ltd.. Additionally, AM Best has revised the outlook of the FSR to positive from stable, while the outlook of the Long-Term ICR is positive.

  4. AM Best Affirms Credit Ratings of Pacific LifeCorp and Its Subsidiaries
    Business Wire | 09/12/24 10:00 AM EDT

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of Pacific Life Insurance Company and Pacific Life & Annuity Company. The ratings reflect Pacific Life Group?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.

  5. AM Best Affirms Credit Ratings of Top Layer Reinsurance Ltd.
    Business Wire | 09/11/24 01:02 PM EDT

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of ?aa-? of Top Layer Reinsurance Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect Top Layer?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and very strong enterprise risk management.

  6. AM Best Affirms Credit Ratings of RenaissanceRe Holdings Ltd. and Its Main Subsidiaries
    Business Wire | 09/11/24 12:29 PM EDT

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of Renaissance Reinsurance Ltd., Renaissance Reinsurance U.S. Inc., RenaissanceRe Specialty U.S. Ltd., Renaissance Reinsurance of Europe Unlimited Company and RenaissanceRe Europe AG.

  7. AM Best Upgrades Issuer Credit Rating of DPL Insurance Limited
    Business Wire | 09/11/24 11:46 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 DPL Insurance Limited. The Credit Ratings reflect DPL?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.

  8. FRN Variable Rate Fix
    Business Wire | 09/11/24 02:00 AM EDT

    ?. NewHospitals Finance PLC. GBP178,300,000 1.7774 per cent Index Linked. Guaranteed Secured Bonds due 2047. ISSUE NAME. Our Ref. ISIN Code. INTEREST AMT PER DENOM. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. GBP 50,000.00 IS GBP 666.07. POOL FACTOR.

  9. FRN Variable Rate Fix
    Business Wire | 09/11/24 02:00 AM EDT

    ?. Central Nottinghamshire Hospitals PLC. GBP 351,900,000 1.8768 per cent. Guaranteed Secured Bonds due 2042. ISSUE NAME. Our Ref. ISIN Code. INTEREST AMT PER DENOM. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. GBP 50,000.00 IS GBP 569.9. POOL FACTOR.

  10. Bunge Global SA Announces Pricing of $2.0 Billion Senior Notes Offering
    Business Wire | 09/10/24 07:36 PM EDT

    Bunge Global SA (BG) today announced that Bunge Limited Finance Corp., its wholly owned finance subsidiary, has successfully priced a public offering of $2.0 billion aggregate principal amount, comprised of three tranches of senior unsecured notes, as follows: The Senior Notes will be fully and unconditionally guaranteed by Bunge Global SA (BG) on a senior unsecured basis.

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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