A.M. Best Affirms Credit Ratings of Guggenheim Life and Annuity Company

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” of Guggenheim Life and Annuity Company (GLAC) (Wilmington, DE). The outlook of these Credit Ratings (rating) is stable. The affirmation of the ratings reflects GLAC’s adequate levels of risk-adjusted capitalization relative to its insurance, investment and business risks. A.M. Best notes that overall credit quality of invested assets is expected to