Fitch Publishes Reports On MONY Group Inc. And Subsidiaries.Business Editors CHICAGO--(BUSINESS WIRE)--Feb. 27, 2001 Fitch fitch: see polecat. publishes reports on MONY MONY Mutual of New York (Insurance - Syracuse, NY) Group Inc. (MONY) and its primary life insurance subsidiaries, MONY Life Insurance Company (MLIC MLIC Metropolitan Life Insurance Company MLIC Mabee Legal Information Center MLIC Maple Leaf International Consulting, Inc (New York, NY) MLIC Multiple Lan Internet Protocol Converter ) and MONY Life Insurance Company of America (MLOA MLOA Mortgage Loan Origination Agreement MLOA Medical Leave Of Absence MLOA Manitoba Lodges and Outfitters Association (Canada) MLOA Mount Laguna Observatory Associates (San Diego State University) ). The first report, a credit analysis report for MONY, examines the operating strategies and performance, capitalization capitalization n. 1) the act of counting anticipated earnings and expenses as capital assets (property, equipment, fixtures) for accounting purposes. 2) the amount of anticipated net earnings which hypothetically can be used for conversion into capital assets. , and financial profile for the consolidated organization. The report describes the basis for Fitch's fixed income ratings, which include a senior debt rating at `A-' and a commercial paper at `F2'. Our second report, the insurer financial strength report for MLIC and MLOA, outlines Fitch's rating rationale that supports the `AA-' insurer financial strength rating assigned to both insurance companies. Strategic initiatives, operating performance, and balance sheet quality are covered in detail. The reports follow Fitch's recent review that resulted in the affirmation A solemn and formal declaration of the truth of a statement, such as an Affidavit or the actual or prospective testimony of a witness or a party that takes the place of an oath. An affirmation is also used when a person cannot take an oath because of religious convictions. of all of Fitch's current ratings on MONY, MLIC and MLOA. For a full copy of the reports, please visit Fitch's web site at 'www.fitchratings.com' or contact Market Services at 1-800-853-4824. Entity/Issue/Type Action Rating/Outlook MONY Group Inc. --Senior debt `A-'; --Commercial paper `F2'. MONY Life Insurance Company --Insurer financial strength `AA-`. MONY Life Insurance Company of America --Insurer financial strength `AA-`. |
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