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A.M. Best Affirms Ratings of Conseco and Revises Its Outlook to Stable; Downgrades Ratings of Conseco Senior Health.

Publication: Business Wire
Publication Date: 13-APR-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating (FSR) of B++ (Good) and the issuer credit ratings (ICR) of "bbb+" of Conseco, Inc.'s (Conseco) (Carmel, IN) [NYSE: CNO] core insurance subsidiaries. Concurrently, A.M. Best has affirmed the ICR of "bb+" and the debt ratings of Conseco. The outlook for these ratings has been revised to stable from positive.

Additionally, A.M. Best has downgraded the FSR to B- (Fair) from B (Fair) and the ICR to "bb-"...

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