Press release from PR Newswire
Oxford Life Insurance Company Ratings Affirmed by A.M. Best
Thursday, May 02, 2013
Oxford Life Insurance Company Ratings Affirmed by A.M. Best07:00 EDT Thursday, May 02, 2013
RENO, Nev., May 2, 2013 /PRNewswire/ -- AMERCO (Nasdaq: UHAL) announced today that A. M. Best Company, the world's oldest and most authoritative insurance rating and information source, has affirmed the financial strength rating (FSR) of B++(Good) and issuer credit ratings (ICR) of "bbb+" of its subsidiary Oxford Life Insurance Company (Oxford Life). This rating also applies to Oxford Life's subsidiary, Christian Fidelity Life Insurance Company. The outlook for all ratings remains positive.
"Oxford Life's singular focus is on satisfying the needs of our customers and providing more value for their money. Executing on these variables will result in sustainable revenue growth, good operating performance and continued financial strength," stated Mark A. Haydukovich, president of Oxford Life.
Founded in 1965, Oxford Life Insurance Company and its subsidiaries specialize in providing value-enhanced wealth transfer, final expense, retirement savings, and Medicare supplement solutions to the rapidly expanding senior market through independent marketing organizations and general agents.
For further information: Jennifer Flachman of AMERCO, 1-602-263-6601, Flachman@amerco.com