News

February 17, 2014

Companion Life Earns Industry’s ‘Superior’ Financial Rating for 12th Year

COLUMBIA, S.C. – Companion Life Insurance Co. has received a financial strength rating of A+ (Superior) for the 12th straight year and a rating outlook of “stable” from A.M. Best Co.

“This rating is an indication of our solid financial position and our commitment to sound business practices,” Companion Life President Trescott Hinton said. “With such a favorable rating, our policyholders and marketing partners across the country know they can continue to look to us to provide quality insurance products and a high level of service.”

Hinton said the latest rating and outlook place the Columbia, South Carolina-based company at the top of its industry.

According to a January 2014 A.M. Best report based on 2013 performance, the ratings for Companion Life reflect the stable premiums and earnings growth it has reported as well as its strong level of capital in support of its business and insurance risk.

For more information on A.M. Best's ratings, an overview of its rating process and rating methodologies, visit: www.ambest.com/ratings.

About Companion Life

Headquartered in Columbia, South Carolina, Companion Life has specialized in employee benefits since 1971. The company markets life, dental, disability, accident and specialty health insurance products through a network of independent agents and brokers, general agents and managing general underwriters. Companion Life markets its products and services in 46 states and the District of Columbia.

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