KBRA Affirms Credit Rating for PGH, Assigns Rating to NWL and Ozark

We are pleased to share two recent ratings announcements by KBRA.

The Group parent Prosperity Group Holdings, LP (PGH) ‘BBB-‘ issuer credit rating with a stable outlook has been affirmed.  For further details including disclosures about KBRA ratings, please see the press release.

Following our recent acquisition of National Western Life Insurance Company, KBRA assigned an ‘A-‘ insurance financial strength ratings (IFSR) to both National Western and Ozark National, as well as affirmed the ‘A-‘ IFSR for Prosperity affiliates Prosperity Life Assurance Ltd., Shenandoah Life Insurance Company, SBLI USA Life Insurance Company, Inc. and S.USA Life Insurance Company, Inc. For further details including disclosures about KBRA ratings, please see the press release.

Prosperity Life GroupSM is a marketing name for Prosperity Group Holdings, LP and certain of its affiliates, including underwriting companies S.USA Life Insurance Company, SBLI USA Life Insurance Company, Shenandoah Life Insurance Company, National Western Life Insurance Company, and Ozark National Life Insurance Company. Asset management business is conducted through affiliate Prosperity Asset Management.