AM Best Upgrade

AM Best Upgrades Ratings of Nassau Re

Recognition of Our Hard Work

Phillip J. Gass
Chief Executive Officer

I am very pleased to let you know that AM Best has upgraded the financial strength ratings of all Nassau Re insurance subsidiaries to B+ from B and maintained a stable outlook.

AM Best specifically highlighted several key accomplishments, including strengthening our balance sheet, improving our operating performance, and growing our annuity business.

The upgrade clearly acknowledges all the hard work of our employees and distribution partners over the past three years and reflects the progress we have made on many fronts.

Continued ratings improvement remains a top priority at Nassau Re. We have been excited about our growth plans, with a number of important initiatives that will continue to expand our product portfolio, improve service, and build stronger distribution relationships.

As always, we remain committed to reliability and consistency and focusing on what matters most to you.

Regards,

Phil Gass Signature