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| Insurance Ratings Summary |
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Home » About Pacific Life » Insurance Ratings » Insurance Ratings Summary
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The following ratings represent independent opinions from leading providers of insurer ratings of a company's financial strength.
Financial Strength Ratings1
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A.M. Best: A++ (Superior)
"Assigned to companies that have, in our opinion, a superior ability to meet their ongoing obligations to policyholders."
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Fitch Ratings: AA (Very Strong)
"Fitch’s ratings on Pacific Life and its life insurance subsidiary, Pacific Life & Annuity Company (PL&A), reflect a strong financial position that includes a solid balance sheet and excellent capitalization, strong and controlled business growth, broad business diversity and good earnings. The company has generated strong long-term profitability through investment results and favorable interest margins, low mortality and excellent expense management. The strong balance sheet fundamentals include a high-quality asset portfolio and extensive liquidity supported by sound asset/liability management."
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Standard & Poor's: AA (Very Strong)
"The ratings on Pacific Life Insurance Co. and Pacific Life & Annuity Insurance Co. (collectively, Pacific Life) reflects its sustained strength in the U.S. individual life and individual annuity marketplace and strong competitive positioning in institutional products business," explained Standard & Poor's credit analyst Neil Strauss.
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Moody's Investors Service: Aa3 (Excellent)
"Moody's Aa3 long-term insurance financial strength rating of Pacific Life Insurance Company (Pacific Life), and its subsidiary, Pacific Life & Annuity Company (PL&A), and the A3 senior debt rating of its parent Pacific LifeCorp, are based on the companies' strong financial profile which includes exceptional capitalization, modest financial leverage, and good profitability driving strong earnings and cash flow coverage. In addition, the company maintains strong asset management capabilities and prudent asset/liability management. Pacific Life's good business profile includes an established market position in variable and universal life, annuities, and group pension and institutional products, despite the very competitive nature of the markets' products and distribution channels." |
1 These ratings do not apply to the safety or performance of any separate accounts or mutual funds.
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