SBLI Maintains A- Rating for Financial Strength from S&P
WOBURN, Mass.--(BUSINESS WIRE)--Sep 28, 2023-- SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts) today announced that it has b...
WOBURN, Mass.--(BUSINESS WIRE)--Sep 28, 2023-- SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts) today announced that it has been rated A- for financial strength by Standard & Poor's (S&P) for 2023, with a stable outlook. SBLI has received an A- financial strength rating from S&P for 13 consecutive years. 'The landscape of the life insurance industry has been rapidly reshaped by changes in technology, the receding COVID-19 pandemic, and new demographic and customer trends and expectations,' said Jim Morgan, SBLI president and chief executive officer.