A.M. Best Withdraws Credit Ratings of Pioneer Mutual Life Insurance Company

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A.M. Best affirmed the Financial Strength Rating of A+ (Excellent) and the Long-Term Issuer Credit Rating of aa- of Pioneer Mutual Life Insurance Company (Fargo, ND) on Oct. 31, 2018. The outlook of these Credit Ratings (ratings) is stable. However, due to an administrative error, the affirmation of the ratings was not initially displayed on our website. Subsequently, A.M. Best has withdrawn the ratings at the companys request to no longer participate in A.M. Best interactive rating process.

This press release relates to Credit Ratings that have been published on A.M. Bests website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Bests Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Bests Credit Ratings. For information on the proper media use of Bests Credit Ratings and A.M. Best press releases, please view Guide for Media – Proper Use of Bests Credit Ratings and A.M. Best Rating Action Press Releases.

A.M. Best is a global rating agency and information provider with a unique focus on the insurance industry. Visit www.ambest.com for more information.

Copyright 2018 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

A.M. Best
Erik Miller, CFA
+1 908 439 2200,
ext. 5187

Senior Financial Analyst
[email protected]
or
Kenneth
Johnson, CFA, CAIA, FRM

+1 908 439 2200, ext. 5056
Senior
Director

[email protected]
or
Christopher
Sharkey, +1 908 439 2200, ext. 5159

Manager, Public Relations
[email protected]
or
Jim
Peavy, +1 908 439 2200, ext. 5644

Director, Public Relations
[email protected]