Agent Bulletin 

June 22, 2017  

A.M. Best Upgrades PacificSource Credit Rating

BuildingThis month, A.M. Best Rating Services upgraded our Long-Term Issuer Credit Rating to “bbb+” from “bbb” and affirmed our Financial Strength Rating of B++ (Good). The outlook of the A.M. Best Credit Rating is stable.

A.M. Best noted the impact of the newly formed PacificSource-Legacy partnership. The partnership with Legacy Health enhanced PacificSource’s capital position because of the contribution of funds in 2016, with additional funding expected over the next five years, supporting innovation and strategic growth efforts. A reduction in membership for underperforming lines of business also improved the overall risk-adjusted capital position over the past few years.

Read the full news release.

A.M. Best is the oldest and most widely recognized provider of ratings, financial data and news with an exclusive insurance industry focus. Best's Credit Ratings are recognized as a benchmark for assessing a rated organization's financial strength as well as the credit quality of its obligations.





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