The Rating Watch-Down status on the ‘A+’ senior debt rating and ‘A’ quarterly income preferred security rating (the trust preferred security rating) of Hartford Financial Services Group Inc. (HFSG) was maintained by Duff & Phelps Credit Rating Co. (DCR) following HIG’s announced agreement to acquire publicly owned shares of Hartford Life Inc. DCR indicated that once final financing terms are determined, it will revisit its Rating Watch on HIG.
S&P also affirmed its ratings on HFSG and related entities. The outlook is negative.
Was this article valuable?
Here are more articles you may enjoy.
Space Startups Seek Insurance for Orbital AI Data Centers 
Zurich Sees Data Center Boom Spurring Insurance Securitization 
AM Best Upgrades Credit Ratings of Missouri’s Columbia 
‘We’ll Want Some Proof’: State Farm CEO’s Take on NY Auto Insurance Reforms From This Issue
