What are the 2009 ratings from Moody on Penn Mutual Life ‘?
I’d like to know how safe this insurance company is as it is now the parent company of the brokerage firm Jan Montgomery
According to VitalSigns as of April 15, 2009 the financial ratings of Penn Mutual Life Insurance are:
AM Best A+
A&P AA-
Moody’s Aa3
The Street (formerly Weiss) B+
Comdex 95
Of course, the problem with getting the 2009 financial ratings is that they aren’t out yet – it’s still 2009. Overall, Penn Mutual seems like a very respectable life insurance company. In my experience, they also have a few good underwriting niches too.
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