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ASLAC |
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The assignment of the PRUCO Life rating and the upgrade of the ASLAC rating reflect Fitch's opinion that both subsidiaries along with POA comprise the primary domestic insurance operating subsidiaries of PFI. With its strong position in the variable annuity business, ASLAC is exposed to regulatory, legal and market pressures. Best believes ASLAC should provide a number of strategic and financial benefits, including expense savings, an expanded and growing source of operating profits and broader distribution of Prudential's products by leveraging ASLAC's existing third-party relationships and fee-based sub-advisor investment platform. |
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