The rating affirmations reflect WLI’s strong risk-adjusted capitalization, favorable operating results and supportive reinsurance protection.
WLI’s capital and surplus strengthened to
Partially offsetting factors include the increasing exposure to investment risks and the competitive operating environment in the
Positive rating actions may occur if WLI can demonstrate a continued trend of capital strengthening and a consistently favorable operating performance.
Negative rating pressure could occur if the company’s profitability and/or risk-adjusted capitalization were to significantly deteriorate due to adverse operating performance.
The methodology used in determining these ratings is Best’s Credit Rating Methodology, which provides a comprehensive explanation of A.M. Best’s rating process and contains the different rating criteria employed in the rating process. Best’s Credit Rating Methodology can be found at www.ambest.com/ratings/methodology.
Ratings are communicated to rated entities prior to publication, and unless stated otherwise, the ratings were not amended subsequent to that communication.
This rating announcement has been issued by
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Senior Financial Analyst
Assistant Vice President, Public Relations
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