Fitch Withdraws Ratings of Ohio National's Life Insurers.Business Editors NEW YORK--(BUSINESS WIRE)--Feb. 5, 2003 Fitch Ratings Fitch Ratings An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. has affirmed af·firm v. af·firmed, af·firm·ing, af·firms v.tr. 1. To declare positively or firmly; maintain to be true. 2. To support or uphold the validity of; confirm. v.intr. and withdrawn the 'AA-' insurer financial strength (IFS) ratings of the life insurance subsidiaries of Ohio National Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , Inc. The Rating Outlook had been Stable. The ratings have been withdrawn at management's request. IFS ratings were affirmed and withdrawn on the following companies: -Ohio National Life Assurance Corporation -The Ohio National Life The Ohio National Life Insurance Company, is headquartered in Cincinnati, Ohio. It was originally founded as a stock company in 1909 but converted to mutual company status in 1959. In 1998, Ohio National reorganized as a mutual insurance holding company. Insurance Company No actions have been taken on the 'A' surplus notes rating of The Ohio National Life Insurance Company and the 'A-' senior debt rating of Ohio National Financial Services, Inc. The Outlook for these ratings is Stable. |
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