AM Best


A.M. Best Withdraws Credit Ratings of Pioneer Mutual Life Insurance Company


CONTACTS:

Erik Miller, CFA
Senior Financial Analyst
+1 908 439 2200, ext. 5187
erik.miller@ambest.com

Kenneth Johnson, CFA, CAIA, FRM
Senior Director
+1 908 439 2200, ext. 5056
ken.johnson@ambest.com
Christopher Sharkey
Manager, Public Relations
(908) 439 2200, ext. 5159
christopher.sharkey@ambest.com

Jim Peavy
Director, Public Relations
(908) 439 2200, ext. 5644
james.peavy@ambest.com

FOR IMMEDIATE RELEASE

OLDWICK - NOVEMBER 01, 2018 05:11 PM (EDT)
A.M. Best affirmed the Financial Strength Rating of A+ (Excellent) and the Long-Term Issuer Credit Rating of “aa-” of Pioneer Mutual Life Insurance Company (Fargo, ND) on Oct. 31, 2018. The outlook of these Credit Ratings (ratings) is stable. However, due to an administrative error, the affirmation of the ratings was not initially displayed on our website. Subsequently, A.M. Best has withdrawn the ratings at the company’s request to no longer participate in A.M. Best interactive rating process.

This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.

A.M. Best is a global rating agency and information provider with a unique focus on the insurance industry.


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AMB# Company Name
006933 Pioneer Mutual Life Insurance Company