January 06, 2016
Companion Life Receives A+ Rating for 14th Straight Year
Columbia, SC – Companion Life Insurance Co. has once again received a financial strength rating of A+ (Superior) and an issuer credit rating of “aa” from A.M. Best Co. This marks the 14th straight year Companion Life has received this rating.
The ratings reflect the company’s stable premium and earnings growth, as well as its strong level of risk-adjusted capitalization in support of its business and insurance risk.
“This rating is an indication of our solid financial position and our commitment to sound business practices,” said Companion Life President Scott Hinton. “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.”
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, Companion Life (www.CompanionLife.com) has specialized in employee benefits since 1971. The company markets life, dental, disability, accident, specialty health including medical stop loss, limited benefit health plans and group supplemental retiree prescription drug plans, as well as other insurance programs, through a network of independent agents and brokers, general agents and managing general underwriters. Companion Life is licensed in 49 states and the District of Columbia. It holds an A.M. Best Rating of A+ (Superior).
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