POSTED 28 November 2022
Moody’s upgrades Resolution Life’s issuer rating to Baa2 and affirms the A3 IFSR of Resolution Re; outlooks stable.
London, November 23, 2022 – Moody’s Investors Service (“Moody’s”) has upgraded the long-term issuer rating of RLGH Finance Bermuda Ltd. (RLGH FB) to Baa2 from Baa3, and affirmed the A3 Insurance Financial Strength Rating (IFSR) of Resolution Re Ltd. (Resolution Re), both subsidiaries of Resolution Life Group Holdings Ltd (RLGH), a Bermuda domiciled in force life insurance management group, with additional operating subsidiaries in the United States, Australia and New Zealand, collectively referred to as (Resolution Life, or the Group).
The outlook of RLGH FB has been changed to stable from positive, the outlook of Resolution Re remains stable.
For the Ratings Rationale, please click here.