We would love to hear from you. Click on the ‘Contact Us’ link to the right and choose your favorite way to reach-out!

wscdsdc

media/speaking contact

Jamie Johnson

business contact

Victoria Peterson

Contact Us

855.ask.wink

Close [x]
pattern

Industry News

Categories

  • Industry Articles (16,052)
  • Industry Conferences (3)
  • Industry Job Openings (9)
  • Negative Media (135)
  • Positive Media (73)
  • Sheryl's Articles (592)
  • Sheryl's Blogs (168)
  • Wink's Articles (227)
  • Wink's Blogs (211)
  • Wink's Press Releases (93)
  • Blog Archives

  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • August 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • November 2008
  • May 2008
  • February 2008
  • August 2006
  • Reliance Standard Earns “A++” Upgrade From AM Best

    November 17, 2020 by Reliance Standard Life Insurance Company

    PHILADELPHIA–(BUSINESS WIRE)–Reliance Standard Life Insurance Company (Reliance Standard), a leading insurance carrier specializing in employee benefits solutions and both fixed and fixed index annuity products, has earned an “A++ (Superior)” Financial Strength Rating from AM Best, upgraded from “A+ (Superior).”

    In a public news release dated today, AM Best noted, “The ratings of Reliance Standard reflect its balance sheet strength, which AM Best categorizes as very strong, as well as its strong operating performance, neutral business profile and very strong enterprise risk management (ERM).” AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

    “Obviously, we are proud to have achieved this distinction, and even more so to be recognized for our strength and stability in the tumultuous business environment that exists today,” said Chris Fazzini, president of Reliance Standard. “We remain committed to serving our partners and policyholders, our colleagues and communities, with consistency through the COVID pandemic and beyond.”

    According to AM Best, its financial strength ratings are, “an independent opinion of an insurer’s financial strength and ability to meet its ongoing insurance policy and contract obligations.” In announcing the ratings action, Best cited Reliance Standard’s “higher degree of integration and strategic importance to its ultimate parent, Tokio Marine. In addition, Reliance Standard maintains a very strong level of risk-adjusted capitalization and favorable operating results, despite some spread compression within its interest-sensitive annuity business.”

    “Our Retirement Services business is built on the promise of providing men and women with safe, secure annuity products to help them preserve wealth into retirement and beyond,” said Tom Burghart, executive vice president and head of Reliance Standard’s Retirement Services business group. “In this context, an upgrade from AM Best, especially to their highest FSR designation, is an important badge of honor for us and a meaningful guidepost for our distribution partners and ultimate customers. It demonstrates that we are among the most credible stewards of their trust and business.”

    AM Best concluded that it, “expects Reliance Standard’s earnings to remain favorable over the near to medium term.”

    Reliance Standard Life Insurance Company (Reliance Standard) is Reliance Standard is a solutions-based company with a long history of innovation and service in workforce employee benefits, asset accumulation and protection. For over 100 years, Reliance Standard has been a leader in employee benefits and retirement services. Today Reliance Standard offers a broad portfolio of employee benefit solutions and a collection of fixed and fixed index annuity products that provide millions with the means to protect and persist their financial security.

    Reliance Standard was founded in 1907 in Chicago, IL, as the Central Standard Life Insurance Company.

    Reliance Standard is a member of the Tokio Marine Group. Tokio Marine Holdings, Inc., the ultimate holding company of the Tokio Marine Group, operates in the property and casualty insurance, reinsurance and life insurance sectors globally. The Group’s main operating subsidiary, Tokio Marine & Nichido Fire (TMNF), was founded in 1879 and is the oldest and leading property and casualty insurer in Japan.

    Reliance Standard is a branding name. Insurance products and services are offered by Reliance Standard Life Insurance Company in all states (except New York), the District of Columbia, Puerto Rico, the U.S. Virgin Islands and Guam. In New York, insurance products and services are offered by First Reliance Standard Life Insurance Company, Home Office, New York, NY. Not all products are available in all states.

    Contacts

    David Gittelman, VP Marketing Communications
    267.256.3741 David.gittelman@rsli.com

    Originally Posted at Business Wire on November 11, 2020 by Reliance Standard Life Insurance Company.

    Categories: Industry Articles
    currency