KILICO

AcronymDefinition
KILICOKemper Investors Life Insurance Company
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17 June 2010 - AM Best upheld on Wednesday the A- (excellent) financial strength rating (FSR) and the "a-" issuer credit rating (ICR) on US Kemper Investors Life Insurance Co (KILICO).
The ratings on KILICO reflect the rating enhancement it receives from its ultimate parent, Zurich Financial Services (VTX:ZURN), or its strengthened management team, acceptable stand-alone risk-adjusted capitalisation and return to profitability in 2009, the agency explained.
Offsetting rating factors include KILICO's limited business profile resulting in declining premium trends as it continues its transformation process to cross-sell group life products and further develop marketing opportunities as a part of the Global Life Americas division, AM Best noted.