Structured Annuities

A.M. Best Affirms Ratings of BMO Life Assurance Company
OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a” of BMO Life Assurance Company (BMOLAC) (Toronto, ON). The outlook for both ratings is stable. The ratings consider BMOLAC’s long history of operating profitability under its current and prior ownership (except for a reported net loss in 2008 resulting from …

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