BaltimoreLife.com
Title
The Baltimore Life Companies—Home Page
Description
OWINGS MILLS, MD, MARCH 21, 2006 —The Baltimore Life Insurance Company announced today that it has earned the “B++” (Very Good) rating from the A.M. Best Co., a leading insurance rating and information source. This rating is an upgrade for Baltimore Life.
In its ratings rationale, A.M. Best notes that Baltimore Life’s rating “reflects the company’s enhanced capital strength, profitable statutory operating results, and the continuing execution of its focused business strategy.”
“We know that A.M. Best ratings are earned, not given,” said L. John Pearson, chairman, president, and chief executive officer of Baltimore Life. “So, we are thrilled that Baltimore Life’s outstanding execution of a far-reaching, three-year plan to restore surplus and improve profitability also contributed to a ratings upgrade. Our field associates and home office staff all share in this tremendous accomplishment.”
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