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A.M. Best Removes From Under Review, Downgrades ICRs and Affirms FSR of OM Financial Life; All Outlooks Negative (Business Wire via Yahoo! Finance)
OLDWICK, N.J.----A.M. Best Co. has removed from under review and downgraded the issuer credit ratings to “a” from “a+” of OM Financial Life Insurance Company and its wholly owned subsidiary, OM Financial Life Insurance Company of New York .

Life Insurer Surplus Drops $77 Billion, Erasing Gain (Update3) (Bloomberg)
Jan. 8 (Bloomberg) -- U.S. life insurers , led by MetLife Inc. and Prudential Financial Inc. , lost $76.8 billion in surplus in 2008 on investment declines and costs guaranteeing retirement products, erasing six years of gains, Conning & Co. said.

A.M. Best Removes Ratings of Old Mutual Plc From Under Review; Assigns Negative Outlook (Business Wire via Yahoo! Finance)
OLDWICK, NEW JERSEY, U.S.A.----A.M. Best Co. has removed from under review with negative implications and affirmed the issuer credit rating of “a-” of Old Mutual Plc , the ICRs of “a+” of its key European and South African subsidiaries and the debt securities issued by Old Mutual and its subsidiaries.

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