Insurance

Life business helps two giants out of trouble

Friday 9th of July 2004
Both firms have been given a cleaner bill of health than a year ago and much of the credit attributed to the life sides of the businesses.

AMP Life is now rated 'A+/Positive', while both AMP Group Holdings is rated 'BBB+/Positive/A-2'. The outlook has been changed from stable to positive.

Tower, which is rated 'BB+/B’, and its key operating and holding subsidiaries, including the 'BB...

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