Aflac Debt Downgraded by Moody’s

Thursday, 22 Sep 2011 06:19 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

Aflac Inc., the largest seller of supplemental health insurance, was downgraded by Moody’s Investors Service after losses tied to holdings in banks from Greece, Portugal and Ireland.

The senior debt was lowered to A3 from A2, reflecting “continued concerns over the company’s higher than average investment risk appetite,” the ratings firm said Thursday in a statement on the Columbus, Georgia-based insurer.

© Copyright 2014 Bloomberg News. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
You May Also Like
Around the Web
Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved