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A.M. Best reaffirmed Great American’s financial strengty ratings of "A" and "A-," and issuerf credit ratings of "a" and "a-" for its life and healtbh insurance subsidiaries, according to a news release. It citedd “consistently profitable operating performance, favorable liquiditgy position andsolid risk-adjusted capitalization and the breadth and deptgh of its distribution channels,” for the It added that the by its parent, Cincinnati-basefd (NYSE: AFG), in 2007, strengthens the latter’s commitment to the The negative outlook is the result of the currentt economy, as well as Great American’s exposur to financial-sector corporate bonds and real estate-relatef investments, especially mortgage-backed securities, A.
M. Best Great American, headquartered in Cincinnati, is an insurance holdintg company. Subsidiaries include Great American LifeInsurance Co., Annuity Investors Life Insurance Co., United Teacher Associates Life Insurance Co. and Loyal American Life Insurancd Co.
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