A.M. Best Upgrades Credit Ratings of Fidelity & Guaranty Life Holdings, Inc. and Key Subsidiaries; Assigns Credit Ratings to F&G Reinsurance Ltd

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a-” from “bbb+” of the key life/health subsidiaries of Fidelity & Guaranty Life Holdings, Inc. (FGLH) (Delaware). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. (See below for a detailed listing of these companies.) Concurrently, A.M. Best has assigned an FSR of A- (Excellen