Business Services Industry

A.M. Best Withdraws Ratings of MetLife Life and Annuity Company of Connecticut Due to Legal Entity Merger

Business Wire, Dec 10, 2007

OLDWICK, N.J. -- A.M. Best Co. has withdrawn the financial strength rating of A (Superior) and issuer credit rating of "aa" of MetLife Life and Annuity Company of Connecticut (Hartford, CT) and assigned the company a category NR-5 (Not Formally Followed).

Effective December 7, 2007, MetLife Life and Annuity Company of Connecticut was merged into its parent company, MetLife Insurance Company of Connecticut (Hartford, CT), a wholly owned subsidiary of MetLife, Inc. (New York, NY) [NYSE:MET].

For Best's Ratings, an overview of the rating process and rating methodologies, please visit www.ambest.com/ratings.> Founded in 1899, A.M. Best Company is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. For more information, visit www.ambest.com.

COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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