AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

S&P Affrms AA+ Rtgs on Scottish Equitable;Otlk Stable.

Business Wire

| May 22, 2001 | COPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Business Editors

LONDON--(BUSINESS WIRE)--Standard & Poor's

May 22, 2001-- Standard & Poor's today affirmed its double-'A'-plus counterparty credit and insurer financial strength ratings on Scottish Equitable PLC. The outlook is stable. [pilcrow (paragraph sign)] The ratings primarily reflect the company's strategic importance to the Netherlands-based life insurance group AEGON (the main operating companies of which are rated 'AA+'). The ratings are also based on Scottish Equitable's very strong position in the U.K. independent financial advisor (IFA) pensions market and its strong operating performance. Capitalization is expected to remain consistent with the rating, based on the commitment of AEGON. An offsetting factor is the challenge posed by industry developments, which may expose the company's current high reliance on pensions products and IFA distribution.

Major rating factors:

-- Standard & Poor's views Scottish Equitable as strategically important to AEGON. This reflects its focus on business core to the

AEGON Group, its contribution to group results, and its size.

-- Scottish Equitable is a leading provider of pension products in the U.K., and, marketing exclusively through IFAs, is a recognized specialist in both individual and group schemes. Scottish Equitable is the second-largest IFA pensions office in the U.K., with a share in excess of 14% of the IFA pensions market.

Related articles from newspapers, magazines, journals, and more
Capital Markets: Team Of The Month - Barcap's Zest For Success - Barclays...
Magazine article from: The Banker September 1, 2008 700+ words
...for certain issuers. Such was Zest, Aegon Scottish Equitable's recent GBP250m ($466m) value in-force...Another of Zest's innovations is that Scottish Equitable may add new business to the defined book for the first three years...
Offshore life sales boost for ScotEq and Pru.(News)(Scottish Equitable...
Magazine article from: Money Marketing Speedy, Sonia January 29, 2004 700+ words
The offshore life market looks to be picking up pace rapidly, with Scottish Equitable International and Prudential International seeing new business grow massively last year. ScotEq International recorded its most successful year...
Standard & Poor's Affirms AA+ Ratings on Scottish Equitable; Outlook Stable.
Press release article from: PR Newswire May 22, 2001 700+ words
...very strong. New business growth in 2000...impressive 19%. Scottish Equitable also maintained...Strong new business growth will be...principally by Scottish Equitable leveraging its...offerings, but Scottish Equitable will be challenged...potential threat ...
Scottish Equitable AAA Ratings Affirmed by Standard & Poor's
Press release article from: PR Newswire December 10, 1997 700+ words
...FACTORS: -- Scottish Equitable is strongly...1996. -- Scottish Equitable is a leading...strong, with new business production...strong; -- New business growth will...com/ CO: Scottish Equitable PLC ST: New...
Scottish Equitable seeks shop. (Scottish Equitable Life Assurance Society)
Magazine article from: Campaign Richmond, Susannah August 2, 1991 700+ words
...Ian Thomson, Scottish Equitable's marketing director...advisers hotted up. Scottish Equitable is known to have...the company used. Scottish Equitable has 3.6 [Pounds...keeping up a good new business record in the face...
AEGON Scottish Equitable - Company Profile & Financial Strength Report...
Press release article from: M2 Presswire April 1, 2008 700+ words
...Research and Markets: AEGON Scottish Equitable - Company Profile &...announced the addition of "AEGON Scottish Equitable - Company Profile &...continued) Key Financial Data New Business Data Overall Financial Strength...
ScotEq adding critical support.(Scottish Equitable)(Red Arc Assurance)(Brief...
Magazine article from: Money Marketing October 20, 2005 700+ words
Scottish Equitable is linking up with Red Arc Assurance...cover since Swiss Life closed to new business in August 2003. Aegon public relations...service will be available to all Scottish Equitable clients from early next year. Red...
Research and Markets: AEGON Scottish Equitable - Company Profile & Financial...
Press release article from: Business Wire April 1, 2008 700+ words
...reports/c87359) has announced the addition of "AEGON Scottish Equitable - Company Profile & Financial Strength Report" to...Business With Profits Business (continued) Key Financial Data New Business Data Overall Financial Strength For more information, visit...
ScotEq offering A-Day package.(Scottish Equitable PLC)(Brief Article)
Magazine article from: Money Marketing July 28, 2005 700+ words
Scottish Equitable is launching a support package to help advisers and their clients...calculator. ScotEq says IFAs should embrace A-Day as bringing new business opportunities, providing they are adequately prepared as all clients...
S&P Affrms Ratings on AEGON N.V. & Scottish Equitable.
Press release article from: Business Wire August 12, 1999 700+ words
...counterparty credit and insurer financial strength ratings on Scottish Equitable PLC. Standard & Poor's also affirmed its double...each with assets of about UK1 billion, and a combined new business figure of UK30 million a.p.e. (annual premium equivalent...
For more facts and information, see all results

Source: HighBeam Research, S&P Affrms AA+ Rtgs on Scottish Equitable;Otlk Stable.

©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA